Webcasting royalty rates agreed
p2pnet.net News:- A settlement agreement spelling out royalty rates for 2003-2004 for all webcasters has received US Copyright Office approval.
The deal covers webcasters ranging from Internet-only to subscription services to non-commercial radio broadcast simulcasts and calls for commercial non-subscription and new subscription services to decide between paying per performance rates (per song, per listener) or aggregate tuning hour (per listener, per hour), says an internet.com report here.
It also sets rates for what is described as “new subscription services” to have the option to pay a percentage of subscription revenues, it says, going on:
“Large-scale commercial broadcasters also have choices of royalty payment terms, the Copyright Office said in a statement.
“The Copyright Office also designated the RIAA’s SoundExchange [which, you'll recall, recently went sideways] as the collection and distribution agent for the royalty fees.
“The agreement means that large scale Internet-only webcasters such as Microsoft,Yahoo, AOL and RealNetworks would pay either .0762 cents per song per listener of 1.17 cents per listener per hour. The minimum payment for Internet-only webcasters is $2,500.
“For subscription services, the Internet-only options are available along with a third option of paying 10.9 percent of revenues. Fees for commercial and non-commercial radio broadcast simulcasts are fixed separately,” adds the report.
