For those that are still concerned the Record Industry doesn't make enough money, here is an intresting article on Wired.com:
The U.S. Copyright Office ended years of haggling between webcasters and the recording industry by declaring that webcasters would pay .0014 cents per use of every song. Commercial radio stations that simulcast their broadcasts over the Internet will pay half that rate. |
And more fees are likely to be on the way because music publishers, second in the licensing chain after the major labels, probably will receive compensation as well.
The new rate, retroactively applied to webcasts starting in 1998, was a compromise between the Digital Media Association and the Recording Industry Association of America, the two trade organizations at the center of the fight. While the rate was closer to DiMA's figure, some experts feel the price is still too steep for most operations.
"The fact that there is a price tag is good, but the price on the price tag isn't great," said Aram Sinnreich, senior analyst with Jupiter Media Metrix. "It's great for AOL Time Warner, which can bake webcasting into other services and use it as a retention device. But it's not great for Live365.com. They are in deep trouble with rates like these."
Sure, why not, if you can get the money take it ! Damn, when will I need to pay when I sing a song in my bathroom ?
Source: Wired.com
