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The Copyright Royalty Board (CRB)

282 Words2 Pages
The music industry is contingent upon royalties generated by the licensing of copyrighted songs and recordings as a primary form of revenue for musicians. A royalty is a payment to the owner of a copyrighted work by those who wish to use the work for the purpose of generating profits. The Copyright Royalty Board (CRB) is responsible for setting the streaming-music royalty rate. The CRB is a division of the Library of Congress in the Copyright Office. Three judges are appointed by the Librarian of Congress to serve on the CRB. The main role of the CRB is to determine the rate services pay for statutory licenses created under copyright law. The CRB has set new streaming-music rates for 2016 at 17 cents per 100 plays on free, ad-supported services
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