Monday, March 05, 2007

Whose Afraid of Webcasting? Certainly sounds like the RIAA is. Wired reports that "U.S. Copyright Royalty Board Rejects Webcasters, Embraces SoundExchange." From the article: "Even adding in ancillary revenues from occasional video gateway ads, banner ads on the website, and so forth, total revenues per listener-hour would only be in the 1.0 to 1.2 cents per listener-hour range. That math suggests that the royalty rate decision — for the performance alone, not even including composers' royalties! — is in the in the ballpark of 100% or more of total revenues."

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