Wow -- SoundExchange Does Something Reasonable, Says It Won't Enforce New Webcast Royalties Yet

from the now-here's-a-change dept

On Thursday, an appeals court denied a stay of the new (and significantly increased) royalty rates webcasters would have to pay to stream music online. However, as pointed out in the comments on that post, a Wired blog reports that SoundExchange says it's won't enforce the new rates as discussions/negotiations with webcasters continue. The founder of streaming service Pandora says that this development came about as a direct result of Congressional lobbying by webcasters and their listeners -- and hopefully those efforts will lead Congress to take a look at the proposed legislation that would establish much more realistic royalty rates. However, this shouldn't be seen as a victory for webcasters. It's not clear if the SoundExchange reprieve applies to webcasters that aren't part of the Copyright Royalty Board hearings, or what will happen if negotiations don't produce an acceptable outcome for SoundExchange and its RIAA friends -- a demand for retroactive payments would seem the most likely outcome. In any case, internet radio won't die Sunday night; hopefully the reprieve will give a reasonable solution a chance to surface.

Companies: soundexchange


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  1. identicon
    LarryV, 13 Jul 2007 @ 7:41am

    Perhaps this is not a Problem, but an Opportunity.

    This actually sounds like the time for a GPL/OSM (Open Source Music) movement. Perhaps a good Music-Oriented version of the GPL could be developed, and newer artists could release their music under that, (Through peer-to-peer networks???) and then the WebCasters could Webast from that music stockpile. The open artists would get the exposure, the 'casters would still have something to 'cast, and the "Establishment Media" would rust in the doldrums. What's not to like???

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