Truemors
is reporting from
Member
NP Rank:
NP Rank:
Threatened Internet Radio Granted Reprieve
Share:
by publicreader | May 3, 2007 at 09:35 am
851 views | 17 Recommendations | 3 comments
Internet radio broadcasters woke up yesterday morning thinking that it would be a matter of days before financial Armageddon. On May 15th, earlier rulings of the Copyright Royalty Board (CRB) were to go into effect, raising fees and royalties by a whopping 300%, sufficient to bury many internet broacasters and to make PBS worry.
Internet radio broadcasters caught a break in their struggle against higher music royalties as a deadline for paying fees under the new system was postponed by two months, to July 15.
Meanwhile, U.S. Reps. Jay Inslee (D- Wash) and Don Manzullo (R-Ill)introduced the Internet Radio Equality Act (H.R.2060) attempts to provide royalty parity for Internet Radio Providers by invalidating the CPB's decision and applying the same royalty rates to commercial internet radio, satellite radio, cable radio, and jukeboxes.
Advertisement
What is NowPublic?
NowPublic lets people work together to cover news events around the world.
Most RecentMost Recommended Comments (3)
at 09:50 on May 3rd, 2007
publicreader, great work. The Digital Music Association could not create a better recruitment
tool for music pirates if it tried. Reading this article left me with a
terrible taste in my mouth and the image in my mind of a drowning man
clutching at driftwood. These megacorporations are leveraging
legislation to keep their terminally-ill business models on life
support. Let it die, Clear Channel, let it die.
at 07:18 on May 4th, 2007
publicreader, I like this story. It's good stuff. Thanks for bringing attention to this.
at 08:29 on May 7th, 2007
Good stuff. Looks like a temporary reprieve, I hope it sticks. I have been considering doing the internet radio thing myself.