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Internet Radio: Copyright Royalty Board
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It's been two days since the Internet radio day of silence, and today at 10 a.m. ET, the House of Representatives' Small Business Committee will hold a hearing about the Copyright Royalty Board's decision to raise royalty rates for Webcasters. RAIN has a breakdown of the witness list, which includes the general manager of WOXY on the anti-rate-hike side and the chairman of Tommy Boy Records opposing him. No word on whether or not this hearing will show up on any of the C-SPAN channels, but the committee does have a YouTube channel, so perhaps highlights will pop up as the day goes on. more
Source:
The future of Internet radio is in immediate danger. The Copyright Royalty Board in Washington, D.C., has more than tripled the royalty rates for webcasters and left unchanged they will kill Internet radio. These exorbitant rates go into effect May 15 …
WASHINGTON, May 30 /PRNewswire-USNewswire/ -- An emergency stay filed today in the U.S. Court of Appeals for the D.C. Circuit could delay the looming D-Day for Internet radio. The motion, filed by the Digital Media Association in conjunction with National Public Radio, and the Small Commercial Webcasters, formally requests the court delay the implementation of a "radical and arbitrary" recording royalty rate increase imposed by the Copyright Royalty Board May 1. Legislation that would repeal the rate increase is pending in the Senate and the House, but may not be brought to a vote in either chamber before July 15th, the day the first payments for the newly increased rates for webcasters are due.
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