House tosses Web-casters a bone

Tolerable royalties halfway there

  • alert
  • submit to reddit

High performance access to file storage

The US House of Representatives passed a bill Monday which would give financial relief to small Internet radio broadcasters threatened by recording-industry royalty extortion.

Rather than the industry's preferred per-play fee, the bill would assess costs based on the Webcaster's revenues. Those making less than $250,000 per year would pay ten per cent of revenue or seven per cent of expenses, whichever is greater. Those making between $250,000 and $500,000 would pay twelve per cent of revenue or seven per cent of expenses, whichever is greater.

In June the Library of Congress decided Webcasters should pay 0.07 cents per track per listener. The industry whinged that the fee was well below 'market value' as they liked to reckon it, but small Webcasters like college stations claimed it would wipe them out.

The new bill would not affect big Web outlets like Yahoo, AOL, etc., which will continue to pay according to the Library of Congress schedule, much to the chagrin of the RIAA. However it does impose a six-month moratorium on fee assessment. The Senate is expected to consider the bill in a week or so. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story


Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.