industry rate
Defined in 1 place of the United States Code.
For purposes of this section, the term “industry rate” means the license fee a performing rights society has agreed to with, or which has been determined by the court for, a significant segment of the music user industry to which the individual proprietor belongs.
Source
- 1999–present17 U.S.C. § 513Copyrights · Determination of reasonable license fees for individual proprietors · for purposes of this section