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Glossary

Statutory Mechanical Rate

Statutory Mechanical Rate

In the United States, the Copyright Royalty Board issues compulsory Mechanical Royalty rates, known as “statutory rates.” For physical sales/downloads, this rate is 9.1 cents for songs that are under five minutes. For pieces over five minutes in playing time, the rate is 1.75 cents per minute. The rate for ringtones is 24 cents per ringtone.

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Digital mixer in a recording Studio

Music Business Past vs. Present

There is a new trend in the music business that has record labels sweating in the boardroom. This new trend is called ìDo It Yourselfî (D.I.Y.) . With Digital Technology anyone can start a record label and have a personal studio on their computer. There are a number of free or (very inexpensive) studio recording software applications that allow an artist to record and distribute their own material without the help or control of any other record label.

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