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Music

Submission + - Copyright Royalty Board Terminates Internet Radio

An anonymous reader writes: News of the new Copyright Royalty Board (CRB) rates retroactive to January 1st 2006 have leaked out today. The new rates amount to well over the total revenues of all internet radio stations. If the new rates are allowed to stand, every United States based webcaster will immediately owe more in back licensing fees to SoundExchange than the combined total of all revenues they have ever received. More details are on Kurt Hanson's website here: http://www.kurthanson.com/archive/news/030207/inde x.shtml
The Internet

Submission + - The RIAA is trying to kill internet radio

sgeirk writes: "The Copyright Royalty Board (CRB),announced the new Soundexchange royalty rates, which could spell the end for many independent webcasters, not to mention the simulcast signals for many commercial and non-commercial radio stations. In a nutshell, rates are going to double between now and 2010. Even webcasters who stream through services like Live365 may be in jeopardy, as such firms' business models never envisioned a royalty rate this high. For more information on this story go here."

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