Copyright board leaves song royalty payments unchanged

Apple had threatened to close the iTunes store, if they raised royalties

[travelin cat]

From the Wall Street Journal [marketwatch.com]:

The Copyright Royalty Board on Thursday left unchanged the amount record companies will pay songwriters for the sale of CDs or digitally downloaded songs. The three-judge panel said the record companies will continue to pay 9.1 cents a song, while the National Music Publishers Association had sought an increase to 15 cents a song