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If your business discovered that its revenue covered only 70% of its costs, it would be time for a re-examination of operations, both in terms of revenues and costs. The Copyright Office has issued some rule changes affecting both.

New Fees

According to the U.S. Copyright Office’s notice in the February 19, 2020 Federal Register (85 Fed. Reg. 9374, 9375), historically, the fees collected by the Copyright Office covered only 60% of its costs, and, more recently, only 70% of its costs. It has announced a new fee schedule, which includes many higher fees, some lower or unchanged fees, and some new fees. The new fee schedule goes into effect on Friday, March 20, 2020.

If your business discovered that its revenue covered only 60% of its costs, it would be time for a re-examination of operations. According to the U.S. Copyright Office’s notice in the May 24, 2018 Federal Register (83 Fed. Reg. 24054), historically, the fees collected by the Copyright Office covered only 60% of its costs. It has proposed for public comment a new fee schedule, which includes many higher fees and some new fees.