The Copyright Royalty Board decided late this week that it would not action a request to increase song royalties from 9 to 15 cents on music bought online.
World of Apple reported this week that Apple was opposed to the request and had threatened in a statement to the CRB to close the iTunes store if the rise went ahead. In the statement given to the CRB 18 months ahead of the decision Apple exec Eddy Cue said: “Apple has repeatedly made clear that it is in this business to make money and would most likely not continue to operate iTS (the iTunes Store) if it were no longer possible to do so profitably.”
On Friday Apple spokesperson Tom Neumayr said that “We’re pleased with the CRB’s decision.”


Comments and Trackbacks
All comments made are owned by their authors. Please keep discussion clean and relevant to the main article. Basic HTML tags can be used for formatting comments, and avatars are provided by the Gravatar service.
Trackback link for this entry | RSS Feed for comments