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Some Signs of Hope in Webcasting Royalty Negotiations August 24, 2007

Posted by David Card in Media.
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To readers who remain baffled by music licensing arcana: don’t bother to try to figure out this latest stage in the webcasting negotiations. It’s a positive move but as Pandora founder Tim Westergren says: “But the real meat of this is the (royalty) rate, which has not been figured out yet.”

    SoundExchange, which collects royalties from Webcasters and distributes them to artists and record labels, said it would limit fees at $50,000 a year for online radio station companies that offer more than 100 channels to customers.
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