Copyright Board's royalty decision accounted for satellite radio's "difficult financial situation"

OTTAWA – The Copyright Board of Canada has set the royalties for Canadian satellite radio services at approximately 6.2% starting in 2010, and is offering discount rates for prior years to the two struggling services. Royalties can be collected from multichannel subscription satellite radio services by three copyright collective societies - the Society of Composers, Authors and Music Publishers of Canada (SOCAN), the Neighbouring Rights Collective of Canada (NRCC), and by the Canadian Musical Reproduction Rights Agency/Society for Reproduction Rights of Authors, Composers and Publishers in Canada, or CMRRA/SODRAC Inc. (CSI). The Copyright Board set the tariff rates at 4.26% of total...