I am an independent artist looking to license a song for both a physical CD release and for interactive streaming. What are the current statutory mechanical rates for physical products (CDs) and interactive streams according to Songfile's FAQs? Additionally, what are the minimum quantity requirements for physical products and interactive streams that necessitate a license?
Navigate to the Songfile FAQs page. Click on the question '1. What is the current statutory mechanical rate for physical product (like CDs, Cassettes and Vinyl), permanent downloads (sometimes called PDDs) and ringtones? How is it calculated?' to expand its answer. Extract the statutory mechanical rate for physical products. Click on the question '2. HFA’s Songfile® rates for interactive streaming.' to expand its answer. Extract the statutory mechanical rate for interactive streaming. Click on the question '13. Do I need a license for less than 25 CDs, ringtones or PDDs?' to expand its answer. Determine the minimum quantity for physical products (CDs) that requires a license. Click on the question '14. Do I need a license for less than 100 interactive streams?' to expand its answer. Determine the minimum quantity for interactive streams that requires a license. Synthesize the collected information to answer the task.
The agent successfully navigates to the 'FAQs' page. The agent identifies and states the statutory mechanical rate for physical products (CDs) as '12.4 cents per song per unit manufactured'. The agent identifies and states the statutory mechanical rate for interactive streaming as 'a percentage of revenue, or a per-subscriber minimum, or a percentage of total content costs, whichever is greatest'. The agent states that a license is required for '25 or more' physical products (CDs). The agent states that a license is required for '100 or more' interactive streams.