VERY IMPORTANT DEVELOPMENT: Please see the article I placed in the CONTENT section entitled, "Songwriter's Royalty Hike for CD, Vinyl Approved for First Time in Over a Decade". A recent settlement by the Copyright Royalty Board has approved an increase up to 12 cents per track or 2.31 cents per minute of playing time. You will note if you read to the end of the article, you will see there might be some resistance to this change, so until recently I had not fully implemented the change in the lecture notes or other class materials. However, as of May 2023, the Harry Fox Agency has updated their website to include the new rates, so I now consider this change to be in place officially for physical products and digital downloads. (www.harryfox.com) Just to be clear, the CURRENT statutory rate in effect is now $.12 (12 cents) per copy up to 5 minutes in duration. If a recording exceeds this time, the rate then becomes $.0231 (2.31 cents) per minute or any fraction thereof rounded up to the next full minute. If the recording of a composition has a total timing of over 5 minutes, the "per minute" rate can be