A cost of living adjustment is pending to the compulsory license royalty rate paid by some public broadcasters in the United States.
The judges of the Copyright Royalty Board announced a cost of living adjustment to the rate that some noncommercial radio stations must pay for the use of published nondramatic musical compositions starting in 2022.
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The COLA affects certain colleges, universities and other educational institutions not affiliated with National Public Radio. The change affects the compositions in the SESAC repertory (the performance right organization) as it relates to the Copyright Act for noncommercial broadcasting.
The rates become effective starting Dec. 23, 2021. More information can be found in the Nov. 23, 2021 version of the Federal Register.
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