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by Carlo Longino


Companies:
soundexchange



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.

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  1. identicon
    Ray, 13 Jul 2007 @ 5:54am

    and it keeps adding up

    It really doesn't matter when they start enforcing the royalties, since the order was that they be paid retroactive back to January 2007. The longer they wait, the larger lump sum the stations will owe and the more of them will go under due to the cost.

    Let these guys know where we stand. Let them know that, if they do this, we will turn off our radios, and tell everyone else to turn off theirs. And let the advertisers in our area, the local radio stations and anyone else that will listen that we WILL NOT listen to anyone that uses such methods.

    I, for one, have plenty of mp3 and CD's to listen to.

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