Table 14. Royalties Per Album (At the Two Cent Prevalent Album Price Table 15. Ceiling Royalty Rate Needed in January List Price a) Calculated from House approved ceiling rate of 2.5 cents per selection. b/ Projecting the January 1974-January 1975 trend of most prevalent record prices forward to January 1976. Source: Calculated from data in tables 10 and 12. |