Labor Day Deadline Set for Webcasters' Royalties Negotiations

Iria · Aug 7, 2007, 01:03 AM

Source: BetaNews
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Last week, the US Senate's chief sponsors of the Internet Radio Equality Act vowed to push for its expedited approval, if broadcasters and the SoundExchange performance rights organization haven't reached a compromise agreement by the time the Senate returns from its summer recess on Labor Day (September 3).

As Sens. Ron Wyden (D - Ore.) and Sam Brownback (R - Kan.) jointly stated, they're fully aware now of what appears to be a plan by the PRO to leverage a planned $500 USD minimum annual royalty fee per channel to apply to each stream or playlist a Webcasting service generates. Literally, each Pandora channel generated for a user could carry a $500 USD fee.

Aug 7, 2007, 01:03 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Labor Day Deadline Set for Webcasters' Royalties Negotiations Source: BetaNews _______ Last week, the US Senate's chief sponsors of the Internet Radio Equality Act vowed to push for its expedited approval, if broadcasters and the SoundExchange performance rights organization haven't reached a compromise agreement by the time the Senate returns from its summer recess on Labor Day (September 3). As Sens. Ron Wyden (D - Ore.) and Sam Brownback (R - Kan.) jointly stated, they're fully aware now of what appears to be a plan by the PRO to leverage a planned $500 USD minimum annual royalty fee per channel to apply to each stream or playlist a Webcasting service generates. Literally, each Pandora channel generated for a user could carry a $500 USD fee.