n an escrow account managed by an independent administrator jointly
appointed by the interested copyright parties described in section
1001(7)(A) and the American Federation of Musicians (or any successor
entity) to be distributed to nonfeatured musicians (whether or not
members of the American Federation of Musicians or any successor entity)
who have performed on sound recordings distributed in the United States.
1 3/8 percent of the royalty payments allocated to the Sound Recordings
Fund shall be placed in an escrow account managed by an independent
administrator jointly appointed by the interested copyright parties
described in section 1001(7)(A) and the American Federation of
Television and Radio Artists (or any successor entity) to be distributed
to nonfeatured vocalists (whether or not members of the American
Federation of Television and Radio Artists or any successor entity) who
have performed on sound recordings distributed in the United States. 40
percent of the remaining royalty payments in the Sound Recordings Fund
shall be distributed to the interested copyright parties described in
section 1001(7)(C), and 60 percent of such remaining royalty payments
shall be distributed to the interested copyright parties described in
section 1001(7)(A).
(2) The musical works fund.
(A) 33 1/3 percent of the royalty payments shall be allocated to the
Musical Works Fund for distribution to interested copyright parties
described in section 1001(7)(B).
(B)(i) Music publishers shall be entitled to 50 percent of the royalty
payments allocated to the Musical Works Fund.
(ii) Writers shall be entitled to the other 50 percent of the royalty
payments allocated to the Musical Works Fund.
(c) Allocation of Royalty Payments Within Groups. If all interested
copyright parties within a group specified in subsection (b) do not
agree on a voluntary proposal for the distribution of the royalty
payments within each group, the Librarian of Congress shall convene a
copyright arbitration royalty panel which shall, pursuant to the
procedures specified under section 1007(c), allocate royalty payments
under this section based on the extent to which, during the relevant
period-
(1) for the Sound Recordings Fund, each sound recording was distributed
in the form of digital musical recordings or analog musical recordings;
and
(2) for the Musical Works Fund, each musical work was distributed in the
form of digital musical recordings or
|