Sunday, July 15, 2007
Appeals court rejects Webcast royalty delay | Entertainment | Music | Reuters
Well, this bites the big one... and will be the death of many an Internet radio station. Although to be honest it really doesn't affect me it still is wrong because the Internet stations are paying different fees that regular radio stations. This is WRONG!!!!!
Appeals court rejects Webcast royalty delay | Entertainment | Music | Reuters: "WASHINGTON (Hollywood Reporter) - The federal appeals court here on Thursday rejected Webcasters' request to postpone implementation of a new royalty rate for music they air over the Web.
The decision hands a court victory to the music industry and performers who have been warring with Webcasters over the rate. By denying the Webcasters' stay, the court let stand the July 15 'true up' date when they are required to give copyright holders a new, higher royalty payment for digitally delivered music.
'This is a major victory for recording artists and record labels whose hard work and creativity provides the music around which the Internet radio business is built,' SoundExchange executive director John Simson said. 'Notwithstanding this victory, we continue to reach out to the webcasting community to reach business solutions.'"
Appeals court rejects Webcast royalty delay | Entertainment | Music | Reuters: "WASHINGTON (Hollywood Reporter) - The federal appeals court here on Thursday rejected Webcasters' request to postpone implementation of a new royalty rate for music they air over the Web.
The decision hands a court victory to the music industry and performers who have been warring with Webcasters over the rate. By denying the Webcasters' stay, the court let stand the July 15 'true up' date when they are required to give copyright holders a new, higher royalty payment for digitally delivered music.
'This is a major victory for recording artists and record labels whose hard work and creativity provides the music around which the Internet radio business is built,' SoundExchange executive director John Simson said. 'Notwithstanding this victory, we continue to reach out to the webcasting community to reach business solutions.'"
Labels: Music, National Politics, News, Technology
