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
    Bothersome, 13 Jul 2007 @ 7:49am

    listen to the world

    Internet radio won't die despite RIAA's strong-arming the US market and putting the small guys under. We're talking about the internet here. Other countries provide streaming content outside the reach of RIAA. When the US broadcasters had a day of silent protest, the rest of the world kept right on providing content. You may not get your favorite songs repeated at 4 hour intervals, but you will get access to commercial free music and perhaps learn to like other artists you didn't know existed. Screw RIAA. Listen to a station in Germany, Canada, Australia or even the award winning freshair.org.uk

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