The Copyright Royalties Board have decided to keep the royalty rate for music downloads at 9 cents. An spokesman for Apple said, “we’re pleased with the CRB’s decision to keep royalty rates stable.”
The three-member board that sets statutory copyright licenses e-mailed the Digital Media Association (DiMA), the National Music Publishers’ Association, Apple, and other download stores with its decision to keep the royalty rate 9.1 cents. The board also set the same rate for CDs and mandated established a 24-cents rate for ringtones. The decision is the first time the Board has established mechanical royalty rates for digital downloads.
CNET News
It is thought that the iTunes Vice President’s, Eddy Cue, testimony influenced the CRB’s decision.
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Shown above is not Apple’s soon-to-be-announced ‘brick’ that you may have read about on numerous blogs and Mac news websites recently. The photo above have illustrated speculative blog posts about the imminent launch of a new Apple computer. In fact the photograph depicts the redesign for the One Laptop Per Child XOXO Laptop, by Yves Behar.
The whole ‘Apple Brick’ rumour seems to be one of the most uncertain rumours about Apple products ever. There is much speculation about what it is, when it will be announced — but what evidence is there that Apple are either releasing a new product or a redesigning current hardware? Well, none really, this too is speculation based on previous Apple releases, basically it’s that time of year — September and October — the pre Holiday Season when traditionally new or updated products are released including:
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