"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
- 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.
posted by phaedon
on Jul 3, 2007 -