The Second Circuit recently ruled that retail revenue is not a universally applicable measure of fair market value when determining the appropriate royalty rate for a public performance license for music, especially where there is a valid reason for using a different measure—in this case, the upstream wholesale revenue generated from the content.

Seminar Information
Seminar Date:
August 14, 2012
Wholesale Revenues Can Be the Appropriate Revenue Base When Determining the Fair Market Value of a Public Performance License
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