Net Radio Wins Partial Reprieve

Joren writes "Just a few hours after our last discussion on this topic, Wired News is reporting that Internet radio broadcasters have won a temporary reprieve from the new rates. Apparently the details are still being worked out. 'A coalition of webcasters have worked out a deal with the recording industry that could temporarily stave off a portion of crippling net radio royalties set to take effect Sunday, according to people familiar with the negotiations ... For now, the parties involved in what's described as ongoing negotiations have agreed to waive at least temporarily the minimum charge of $6,000 per channel required under a scheme created by the Copyright Royalty Board, or CRB. The deal, brokered late Thursday, is not final and could change. One person involved in the talks described the situation as a reprieve, and said that internet radio won't be saved until a workable royalty rate is set.'"

Comments

Would you really trust the Recording Industry

[IndustrialComplex]

to maintain a 'temporary' reprieve?

Re:SoundExchange changed its mind?

[R2.0]

This is a delaying tactic until Congress is out of session. Just keep in mind that their real goal is to accomplish exactly what is feared - eliminating internet radio. While Congress is in session, there is a chance they will intervene. Wait a few weeks, the reprieve will be over, bills will go out, then it's "lights out" and Congress will be too busy pocketing contributions from the folks back home to notice.