ASCAP, BMI, and SESAC Announce Cost of Living Adjustment for Non-Profit Educational Institutions

Summary

The Copyright Royalty Judges have implemented a -0.2% cost of living adjustment in royalty rates for colleges, universities, and other non-profit educational institutions that use published nondramatic musical compositions from ASCAP, BMI, and SESAC repertories, effective from October 2008 to October 2009.