Webcast royalty rate

There is a reasonable summary of the US webcast rates decision here. In fact there is much comment in the blogosphere and speculation of its possible effects. Will internet radio stations like Pandora and last.fm go to the wall? If so, it is a great loss to the nascent online music market and may push people towards unlicensed services. However, I attended an event a few months ago where a representative of last.fm was complaining about the rates labels were demanding in direct negotiations, but in the meantime they are serving much unlicensed material. So they currentlty are unlicensed for some content and any label agreements may involve the issue of back payments too.  There is an appeal pending and last time this happened rates were reduced slightly.

Explore posts in the same categories: Legal and policy, Music, US

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