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Emergency Stay Petition Of Webcasting Royalty Decision Denied
By Mi2N
(more articles from this author)
2007-07-17
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The United States Court of Appeals for the D.C. Circuit declined to delay implementation of the Copyright Royalty Board's recent decision to increase Internet radio sound recording royalty rates by up to 1200 percent, and to impose a $500 per-channel "minimum fee" that will total more than $1 billion annually. Webcasters first payments under this new royalty are due July 15.

Jonathan Potter, DiMA executive director, issued the following statement:

"DiMA members and all webcasters are disappointed by the Court's decision, and are now forced to make very difficult decisions about what music, if any, they are able to offer. The result will certainly be fewer outlets for independent music, less diversity on the Internet airwaves, and far fewer listening choices for consumers. We're hopeful that Congress will take steps to ensure that Internet radio is not silenced, and that webcasters and SoundExchange will find a way to compromise and maintain the diversity and opportunity of Internet radio."

Related News from Mi2N:
» Emergency Stay Petition Of Webcasting Royalty Decision Denied


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