New US Agreement for Digital and Mobile Music Usage

The RIAA, the National Music Publishers' Association and the Digital Media Association have resolved the Copyright Royalty Board rate proceeding under s 115 of the US Act. Reported by Billboard and at All Access Music Group the "new pact, which keeps the current song rate of 9.1 cents for downloads, CDs and other physical formats, 24 cents for ringtones, and the same formulas, with limited changes, used to determine the mechanical rate for different kinds of subscription and free interactive-streaming services".