As the July 15 deadline for new Internet radio royalty rates to take effect sailed by in relative peace, most Internet radio webcasters remained up and running following initial results of compromise talks late last week between webcasters and SoundExchange. Most recently, SoundExchange, the arm of the Recording Industry Association of America that collects the royalties, confirmed on Friday that it had offered to cap the $500 per-channel minimum fee stations must pay at $50,000 per year.
http://ecommercetimes.com/story/58343.html
http://www.latimes.com/technology/la-fi-radiowebjul17,1,4328977.story
http://www.smh.com.au/articles/2007/07/14/1183833812467.htmlAlso see:
Web radio stations win a last-minute stay of execution
Wired’s indispensable digital-music maven Eliot Van Buskirk reports some good breaking news: Internet radio stations will not shut down this Sunday. Many Web radio outfits feared closure as their legal fight against staggering new music royalty rates met failure this week. On Thursday, the D.C. Circuit Court of Appeals refused to block the new rates, which are scheduled to go into effect Sunday. But as a result of public outcry — which, in turn, sparked congressional outcry — SoundExchange, the recording-industry group that collects royalties, has agreed not to immediately enforce the rates, pending negotiations with webcasters.
http://machinist.salon.com/blog/2007/07/13/internet_radio/index.html
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