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