Philips announced this week that they will be reducing the royalty rate for CD Rewritable discs by 44% from USD 0.045 to USD 0.025 per disc. The reduction shall be valid from the 4th quarter of 2007 and will be available to licensees who are in full compliance with Philips' terms and conditions.
Royal Philips Electronics announces today that it will reduce the royalty rate for compliant licensees in the CD Rewritable discs license program by 44% from USD 0.045 per disc to USD 0.025 per disc.

The reduction shall be available to all licensees who are in full compliance with the terms and conditions of their license agreement with Philips. The reduction shall initially be valid from the 4th quarter of 2007.
If you'd like to read more, Philips' entire announcement can be found here.