The New Webcasting Compromise
arkham6 writes "According to a story on Yahoo, it appears that the RIAA and negotiators for webcasters have reached a tentative deal for reduced rates for 'small' webcasters. However, it appears now that the artists themselves are going to jump into the fray because the record companies now may be able to weasel out of paying the artists."
Quoth Yahoo news: The language seems to allow the recording industry to deduct the top expenses that they incur for setting up and maintaining the royalty payment regime.
They're trying to deduct their expenses for setting up the royalty payment system, not avoid paying artisis altogether.
Yeah, OK, it's still evil.
-These are not the sig your looking for.
Over at mediAgora the details of just such a promotion and payment system are under discussion.
The Future of Music Coalition, The Recording Artists Coalition, AFTRA, NARAS, The American Federation of Musicians, and the International Managers all jumped into the fray on Monday and the text got put back in that pays the artists directly.
The Bill Passed the House on Monday Evening.
Full Text of the Bill as Passed in the House (pdf)