Many webcasters have said that the music royalty rates set by the Copyright Royalty Board are so high that they will be forced offline.
With that in mind, the Webcaster Settlement Act was introduced to allow webcasters to continue to negotiate new royalty agreements with copyright owners for the years 2006-2015. Written and submitted to the House and Senate for approval, it passed both at the end of September and now goes on to President Bush for ratification.
What do industry leaders and analysts have to say on the issue?
Listen NOW to a special online panel, moderated by Edison VP Tom Webster, and featuring the following webcasting luminaries:
- Tim Westergren, Chief Strategy Officer and Founder of Pandora
- Kurt Hanson, CEO of AccuRadio
- Alan Levy, CEO, BlogTalkRadio
- David Oxenford, Partner, Davis Wright Tremaine, LLP
The complete panel can be heard by clicking on the player link below: