SoundExchange offers olive branch to small webcasters over royalties
23 May 2007
Smaller webcasters will not have to pay higher royalties on Internet broadcasts, at least not until 2010. SoundExchange, the licensing authority backed by the Big Four labels, has relented on its desire for higher royalties and announced that it will allow smaller webcasters to continue to pay royalties at the same rates they have since 2002. Larger, commercial webcasters aren't getting any love from SoundExchange; they will have to begin paying the higher rates
beginning next month, which SoundExchange says will ensure that the "subsidy" will be available only to small webcasters who are "forming or strengthening their business."
Yay ! A little victory.
Still, SaveNetRadio doesn't think its such a great deal. And its still very unfair that Live365 has to pay $500 per channel (they have 10,000) and now have a $10 million bill to pay.
Uh... don't you think we should all just go pirate ? Bounce the signal, P2P multi-cast it, go underground. That's what small non-profit web broadcasters will have to do.
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