Author: | Hunter, N. |
Title: | IFPI, BIEM set new rate for CD royalties |
Journal: | Billboard
1988 : OCT, 8, VOL.100, p.1,82 |
Index terms: | |
Freeterms: | Principle, PPD, Deductions |
Language: | eng |
Abstract: | The most important change to the IFPI- BIEM standard contract is the principle on which CD royalties are calculated. This contract will determine the payment of mechanical royalties in Europe in the next decade.CD royalties will be calculated at 11% of the CD's published price to dealers, known as PPD. A previously unknown packing deduction of 10%, and a transitory deduction of 20% will be calculated. It is retrospective from July 1988. |
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