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Copyright Owners Agree To $200M Cable Royalties Package

Law360 (February 13, 2004, 12:00 AM EST) -- The U.S. Librarian of Congress has accepted a $200 million package for distribution of royalty payments for cable television programming in the 1998-1999 period, according to the arbitration panel that negotiated the terms of the agreement.

The Copyright Arbitration Royalty Panel (CARP), brought in to hammer out a deal between the copyright owners that supply much of the programming to cable outlets, said most of the content providers had agreed to the package.

However, film and television studios, dissatisfied with a large reduction from their allocation...
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