Cost of Living Adjustment for Performance of Musical Compositions by Colleges and Universities

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The Copyright Royalty Judges announce a cost of living adjustment ("COLA") of 3.5% in the royalty rates that colleges, universities, and other educational institutions that are not affiliated with National Public Radio pay for the use of published nondramatic musical compositions in the ASCAP, BMI and SESAC repertories. The COLA is based on the change in the Consumer Price Index from October 2010 to October 2011.