Congress killed the Radio Star
July 3, 2007 10:10 AM Subscribe
"I've said all along, we are in this together." John Simson, executive director of SoundExchange - the royalty collecting arm of the RIAA - extends an olive branch through 2008 that will cap the advance payments internet broadcasters will have to cough up at $2500 per year. This comes in the wake of the Day of Silence, (it was June 26, did anyone notice?) spearheaded by Los Angeles-based terrestrial/online radio station KCRW (home of the brilliant Morning Becomes Eclectic) and SaveNetRadio, during which some of the biggest names in online radio - include Live365, NPR and Pandora - went dark for 24 hours, airing a one-hour broadcast twice during that day on the history of flat fees in public broadcasting. [direct .mp3, 38mb] Under the much-maligned changes made by our government's Copyright Royalty Board, the top six internet radio stations would have had to pay 47 percent of their total revenue (anticipated to be around $37.5 mil.) to the RIAA, starting this July. The Internet Radio Equality Act [summary, in its entire pdf glory] has been introduced to the House of Representatives, seeking to permanently reverse this decision.
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