The Copyright Royalty Board (A 3 member board appointed by the Director Of The Library of Congress) is scheduled to hand down a decision on Thursday that Apple said could result in the closure of the iTunes music store.
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[UPDATE] Royalty Rate Doesn’t Change for Apple, Music Retailers
The group representing music publishers had sought a per-song rate boost from 9.1 cents to 15 cents, a 66 percent increase. To sum up, Apple said, "Price hike? Take a hike."