MusicDish e-Journal - November 16, 2018
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

SoundExchange Offers Cap On Minimum Royalty Fees
By Mi2N
(more articles from this author)
2007-07-17
Comment | Email | Print | RSS

SoundExchange announced that it proposed a voluntary cap on the minimum fees charged against royalties for sound recordings played on Internet Radio. SoundExchange proposed capping such advance payments at $2,500 per service. Recently enacted regulations (due to go into effect on July 15) require each webcasting service to pay a $500 minimum fee "per station or channel" regardless of the overall number of stations/channels they are streaming. By making this offer, SoundExchange is addressing certain webcasters' concerns about their liability for per channel minimums.

"There was a lot of misunderstanding out there about how the minimum fee would apply, and frankly some people were wrongly stating SoundExchange's policy on this matter," said John Simson, executive director of SoundExchange. "We certainly don't want anybody to get unduly hurt by the minimum fee, but there is a value to music and a cost to administering the digital royalty program, and we wanted to ensure that everyone was treated fairly artists, webcasters and record labels."

SoundExchange has reached out to the Digital Media Association this week to discuss the proposal, including the most effective means for implementing this relief as broadly as permitted under the law. "The idea that the per-channel minimum might have a disproportionate impact on certain Internet Radio stations was never presented to the Copyright Royalty Judges," said Michael Huppe, general counsel of SoundExchange. "Nonetheless, at the request of Congress, we are trying to work with the small subset of affected webcasters, and are offering this proposal in the hopes of addressing those concerns."

SoundExchange is also currently in active negotiations with small commercial webcasters and non-commericial webcasters such as public radio and college stations to provide below-market rates under terms similar to those they enjoyed in previous years under the Small Webcaster Settlement Act. Together with this minimum cap proposal and its effort to accommodate small and non-commercial webcasters, the recording artists, independent record labels and large record companies that comprise SoundExchange have made a good faith effort to address the elements of the recent webcasting ruling that have been of concern to Congress and to individual webcasters.

"I've said all along, we are in this together. We want to see artists and labels fairly paid for the music they provide and we want to see Internet radio grow and flourish," said Simson. "There's no question the new rates set by the Copyright Royalty Judges are fair and are reasonable in the current market. In proposing these various accommodations to webcasters (especially small and non-commercial webcasters), SoundExchange has taken the initiative to attempt to address the concerns that have been raised by Congress and affected webcasters."

Simson also noted that, in yesterday's hearing on webcasting royalty rates before the U.S. House Committee on Small Business, the panel's ranking Republican, Steve Chabot of Ohio, concurred with Chairwoman Nydia Velazquez, D- N.Y., when she surmised, "I really don't think Congress is the best vehicle to resolve this type of issue."

Related News from Mi2N:
» SoundExchange Offers Cap On Minimum Royalty Fees


Home » News Beat » SoundExchange Offers Cap On Minimum Royalty Fees
Permalink:http://www.musicdish.com/mag/?id=11943
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» indieOn Connects Music to the Blockchain

» 13 Music Label Sold to MTN

» Darcus Beese Named President Of Island Records

» ASCAP Revenues Top $1.144 Billion In 2017

» BMG Appoints New Creative Directors In Nashville

News Beat Directory



» [2018-09-16] Live Nation Electronic Asia Inks Deal With Budweiser For Creamfields Festivals; Together, Creamfields And Budweiser Will Focus On Building Entirely New Content For Dedicated Electronic Music Fans Throughout Asia

» [2018-08-23] Andy Ma Appointed Warner Music China CEO; Andy Ma Has Also Been Appointed EVP, Commercial And Business Development For Greater China

» [2018-08-23] IndieOn Connects Music To The Blockchain; IndieOn Is Confident Of Creating A "music Miner" Who Listens More And Grow Their Token Value

» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group

» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences

» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business

» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group

» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World

» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing

» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership

» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Png Z

» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

The International Radio Festival Announce Final Line Up Of Radio Stations

Critically-Acclaimed Instrumental Rock Guitarist Mike Dekleva Releases His Second Four Song Instrumental Rock Music EP, "Psychedelia," On Friday, November 9, 2018

Smooth Gospel Artist LARRY CRAIG Drops Single To Radio

Amsterdam Dance Event Rounds Up Record Breaking 23rd Edition

Announcing Amped Studio 2.0

Award Winning Singer/Songwriter Halie Loren Has New Music Video In Production

Deadline Looms - The 15th Annual Acoustic Music Awards



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2018 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships