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terms and rates of royalty payments for the activities specified by
subsection (d) with respect to published nondramatic musical works and
published pictorial, graphic, and sculptural works during a period
beginning as provided in clause (3) of this subsection and ending on
December 31, 1982. Copyright owners and public broadcasting entities
shall negotiate and agree upon the terms and rates of royalty payments
and the proportionate division of fees paid among various copyright
owners, and may designate common agents to negotiate, agree to, pay, or
receive payments.
(1) Any owner of copyright in a work specified in this subsection or
any public broadcasting entity may, within one hundred and twenty days
after publication of the notice specified in this subsection, submit to
the Copyright Royalty Tribunal proposed licenses covering such
activities with respect to such works. The Copyright Royalty Tribunal
shall proceed on the basis of the proposals submitted to it as well as
any other relevant information. The Copyright Royalty Tribunal shall
permit any interested party to submit information relevant to such
proceedings.
(2) License agreements voluntarily negotiated at any time between one
or more copyright owners and one or more public broadcasting entities
shall be given effect in lieu of any determination by the Tribunal:
Provided, That copies of such agreements are filed in the Copyright
Office within thirty days of execution in accordance with regulations
that the Register of Copyrights shall prescribe.
(3) Within six months, but not earlier than one hundred and twenty
days, from the date of publication of the notice specified in this
subsection the Copyright Royalty Tribunal shall make a determination
and publish in the Federal Register a schedule of rates and terms
which, subject to clause (2) of this subsection, shall be binding on
all owners of copyright in works specified by this subsection and
public broadcasting entities, regardless of whether or not such
copyright owners and public broadcasting entities have submitted
proposals to the Tribunal. In establishing such rates and terms the
Copyright Royalty Tribunal may consider the rates for comparable
circumstances under voluntary license agreements negotiated as provided
in clause (2) of this subsection. The Copyright Royalty Tribunal shall
also establish requirements by which copyright owners may receive
reasonable notice of the use of their w
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