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Songwriters Fight For Fair Royalty Pay - Erika Lathon

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NASHVILLE, Tenn. - Songwriters are asking for an overhaul of federal laws governing copyright royalty rates for the songs the write. U.S Senators, Lamar Alexander (R-Tenn.) and Bob Corker (R-Tenn.) are among lawmakers supporting the Songwriter Equity Act. The bill would allow songwriters to receive royalty rates based on fair market value for their work. Songwriter compensation is set by the federal government. The current rate set by the Copyright Royalty Board is 9.1 cents per song or digital download sold. Nashville songwriters say the pay rate is outdated and unfair.

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