It looks like net radio won’t go dark on July 15 as previously predicted.
WIRED’s blog "Listening Post" reports that Sound Exchange, the consortium responsible for enforcing royalties for the music industry, has agreed before Congress that they will not collect fees from net radio stations under the proposed new fee structure until a new fee arrangement is negotiated between Sound Exchange and webcast radio stations. So July 15 will no longer be "the day the music died," when the previously agreed fee structure was to go into effect. This is great news for small outfits like my own netradio station "Yehoodi," which would not have been able to pay the exorbitant royalty rates to broadcast the swing jazz that we promote.
WIRED reports that these negotiations have been taken out of the hands of the Copyright Royalty Board and placed under the auspices of Congress, which means that regular Americans will have more ability to influence and participate in the talks. All this thanks to the leadership of Representative Ed Markey, the Save Net Radio coalition, and the actions of thousands of net radio fans around the United States. Hurray for e-democracy!
Thanks for the heads up, DJ Doubledown.
[Previous Related Posts: RIAA to levy new fees on net radio stations, SaveNetRadio coalition rejects Sound Exchange "compromise" on webcasting, Support Net Radio: get your congressperson to support H.R.2060 ]