The Copyright Board certifies rates that are organized by tiers of revenue. So for revenue under $625,000, a station that makes ordinary amounts of use of music is paying roughly three-tenths of one percent. Between $625,000 and $1.25 million they're paying roughly two-tenths of one percent. Over $1.25 million they're paying just under 1.24% of all their revenue. So when you average that out, that turns into an effective rate of approximately seven-tenths of one percent of their revenue for the use of the reproduction right. That's for the reproduction right in songs. Then they pay a similar amount for the use of the reproduction right in sound recordings and performers' performances.
All in all, you're looking at an effective amount of about 1.4% of all of their revenue for the use of the reproduction right in all of the music they use. It's a relatively small amount of money, we would argue, to pay for the right to use what really amounts to 80% of their program content in ways that, as Mr. Basskin has explained, are so vital to the efficiencies of the radio stations.