Digital Music News covered the AIMP’s statement on increasing the US Mechanical rate.
The Association of Independent Music Publishers sent a joint statement on the matter (specifically from national chair John Ozier, Los Angeles chapter president Teri Nelson Carpenter, and New York chapter president Michael Lau) to DMN today.
– Dylan Smith, Digital Music News
“The AIMP supports the recent decision by the Copyright Royalty Board (CRB) to unfreeze the 9.1-cent mechanical rate for physical music sales and allow it to come up for debate during the upcoming Phono IV trial,” the entity said. “Even more promising are signals that the courts feel an increase in the mechanical rate is warranted, given the tremendous contributions of songwriters and the independent music publishing community to our culture and well-being.
“Like other industries and the general economy that adjusts with the trends, creators deserve the same respect and consideration. We encourage the CRB to follow through with an increase in the mechanical royalty rate, and stand with organizations such as the National Music Publishers[’] Association (NMPA) that will be fighting this case in front of the judges,” concluded the AIMP.