Will Lower Royalty Rates Save Online Radio?
The government seemed to side with Internet broadcasters when establishing a royalty rate Thursday, and although the new fees were lower than a proposal rejected last month, the costs may force several independent Net radio stations out of business. The U.S. Copyright Office settled on a rate of 0.07 cent per listener per song for both Internet-only stations and conventional stations that simulcast their programming on the Web, according to a government spokesperson. The rate is exactly half of what the Copyright Arbitration Royalty Panel (CARP), a three-member board appointed by the Copyright Office, suggested in February that Internet-only stations… Read more »
