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Apple Threatens to Close iTunes Over Increased Royalty Rates by unmanaged at 10:12 am EDT, Oct 4, 2008
The Copyright Royalty Board (CRB), a three person panel that controls royalty rates for music sales, is set to make a judgment today that could potentially raise royalty rates on digital music by 66-percent. Currently, the rate rests at 9 cents per track, but the National Music Publishers' Association wants the rate raised to 15 cents.
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