Economic Analysis of Music Copyright:Music Users
The US media industry includes many segments not just radio, cable, television and Internet, but newspapers and films as well. The industry as a whole is reliant on the growth in advertising revenue to sustain profitability. This chapter explores the many music users and how their revenue becomes the source of licensing fees collected by PROs to compensate the copyright holders in the form of performance royalty payments for the use of their music. We will also examine the various types of music performances, their methods of collection, and the way in which royalty payments are computed.
KeywordsRadio Station Copyright Owner Copyright Holder Musical Composition Royalty Rate
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