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SoundExchange, working to end online Music broadcasts in our time!
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Written by Daniel   
Thursday, 23 August 2007 12:59

   If ever there was a service the world could do without!

SoundExchange drops DRM requirement, webcasters still oppose new deal
ARS Technica
By Jacqui Cheng | Published: August 23, 2007 - 11:47AM CT

Small Internet broadcasters have the opportunity to stay around for another few years if they accept SoundExchange's official offer to pay a discounted royalty rate... with a few caveats. The royalty collection group said this week that "qualified" webcasters would be able to pay royalty fees of 10 to 12 percent of their annual revenue instead of the bigger hike that still apply to larger broadcasters. If the broadcasters accept the agreement, they will be able to pay this reduced rate until 2010, but many broadcasters are pushing back, arguing that the terms are unfair and severely limit business growth. Their reaction comes despite the fact that the new deal does not formally require webcasters to adopt DRM.

 

The new rate hikes, which were to go into effect on July 15, have been causing a stir in the broadcasting industry and among the media for most of the year. Some claimed that the new rates amounted to 100 to 300 percent of smaller webcasters' annual revenue, which would have put them out of business in an instant. SoundExchange said that it felt webcasters' pain and offered a temporary cap on the fees until the end of this year. However, the broadcasting industry was not swayed by this short extension, saying that it merely put off the inevitable for another few months in order to avoid bad publicity. Just two days before the rates were to go into effect, SoundExchange announced that it would not begin to enforce the new fees until it was able to hammer out a more agreeable rate schedule with broadcasters.... More

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