In this clip from – In this excerpt from a panel discussion held at a 2008 meeting of the American Bar Association’s Sports & Entertainment Law Forum, the panelists discuss mechanical royalties — the income generated from the manufacture of physical recordings of a song, for example on CD, LP or other physical media — and how recent decisions by the Copyright Royalty Board have thrown the current statutory rates, and what is covered under what rate, into serious doubt. They also discuss who benefits and who loses in the current web of conflicting copyright and royalty rate rules, and how other nations handle mechanical royalty payments on sound recordings created in the USA.