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OK, I'm obviously not very sophisticated in this aspect of the music business, but I'm left asking "Why is royalty percentage even at the discretion of a copyright royalty board? Shouldn't this be an individual negotiation between an artist and his/her marketing mechanism?"
 

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Do you thing there would be a music industry if a radio station or TV producer or store had to negotiate a royalty with 1,000,000 artists and their agents?

In this case it's the publishers, not the artists or copywrite holders or composers that get the royalty. Each group is fighting for their own piece of the action.
 
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