Archive for March, 2007
The US Copyright Royalty board has approved a per-performance royalty regime for internet streaming. Per-performance means they pay royalties for every _listener_ for each song they play, retroactive to 2006. This puts a far greater burden on internet streaming radio than on conventional radio. In many (most?) cases, the new royalty requirements are greater than the revenue of the stations.
Of course, there is an easy fix for this. Move offshore. And laugh while our copyright regime completely collapses under its own greed and idiocy.
It’s hard to imagine that _no_ one at SoundExchange and the RIAA gets this.