Mechanical Royalties Paid Per Released Tune Outpace Inflation and Median Now, one last point in the inflation argument. If, as our evi- The average mechanical royalty paid per released tune Many tunes are recorded by a variety of artists and each 12 E Mechanical royalties paid per released tune outpace inflation and median family income 1963 vs.1972 13 14 17 To summarize the inflation argument: The share of the proceeds of record sales going to music publishing companies and other copyright owners is substantially greater than it was when copyright in recorded music was granted and the statutory rate was established. The total dollar amount of those payments is vastly, enormously greater than it was at that time. The proceeds from these royalties, as measured both in the RAISING THE ROYALTY RATE WOULD HAVE SERIOUS IMPACTS To understand these We now move on to consider the impacts of the proposed increase in the royalty rate on the recording industry and others. impacts, please consider Exhibit F. Under The Proposed Rate, Payments To Copyright Owners Would Go Up $47 Million 15 |