New Royalty Rates Could Kill Internet Radio

Posted by Zonk on Saturday March 3, 2007 @09:45PM from the one-of-my-favorite-things-about-the-internet dept.

FlatCatInASlatVat writes "Kurt Hanson's Radio Internet Newsletter has an analysis of the new royalty rates for Internet Radio announced by the US Copyright Office. The decision is likely to put most internet radio stations out of business by making the cost of broadcasting much higher than revenues. From the article: 'The Copyright Royalty Board is rejecting all of the arguments made by Webcasters and instead adopting the "per play" rate proposal put forth by SoundExchange (a digital music fee collection body created by the RIAA)...[The] math suggests that the royalty rate decision — for the performance alone, not even including composers' royalties! — is in the in the ballpark of 100% or more of total revenues.'"

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Socialised music? by poptones · 2007-03-04 01:27 · Score: 1, Offtopic

So we still don't have health care for a huge chunk of the population that doesn't require them to forfeit their solvency, but at least they have easy access to pop music.

Yeah, sounds great. Especially that part where my money is taken by force and funneled into some coffer to be doled out to an industry I despise and religions I disdain.