Internet Radio Rates Increase
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“The Copyright Royalty Board decision on the royalties for to be paid by Internet Radio stations for streaming music during the years 2006-2010 was released to the participants in the proceeding today. And the rates are going up significantly over the next few years. More importantly, especially for smaller entities, there are no royalty rates based on a percentage of revenue as were in effect for small webcasters under the Small Webcasters Settlement Act. Instead, all royalties are given as a per performance number, i.e. a payment for each song every time a listener hears that song”
2006 - $.0008 per performance 2007 - $.0011 per performance 2008 - $.0014 per performance 2009 - $.0018 per performance 2010 - $.0019 per performance The minimum fee is $500 per channel per year. There is no clear definition of what a “channel” is for services that make up individualized playlists for listeners.
Technorati Tags: Songs, RIAA, Internet
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