Radio's music royalties to rise with new Copyright Board decision that okays reproduction rights

OTTAWA – Commercial radio music royalties are rising by an estimated $13 million a year under new tariffs announced today by the Copyright Board of Canada.Previously, radio stations paid a total of 7.3% of revenues (for gross income above $1.25 million) to a number of collectives representing musicians, songwriters, publishers, and other industry creators — to the tune of almost $70 million a year. The new rate will total 8.92%, due mostly to tariffs now going to two additional collectives. The Copyright Board estimates that the royalties to be paid by all commercial stations will amount to about $85 million...