Apr 25 2007
Judges Refuse DiMA’s Request to Reconsider Major Flaws in Internet Radio Royalty Decision
Congressional Action Needed before May 15 to Halt Widespread Webcaster Bankruptcies
April 16, 2007 – The Copyright Royalty Board (CRB) today denied requests made by DiMA and other parties for a rehearing to reconsider issues in its March 2 determination of Internet radio royalty rates. Without Congressional intervention, the decision – which is retroactive to January 2006 – will go into effect May 15, with royalty rate increases of 300 to 1200 percent for webcasters. It is expected that many of these webcasters will declare bankruptcy at that time.
Digital Media Association (DiMA) Executive Director Jonathan Potter issued the following statement:
“The CRB’s denial of a rehearing today is all but a nail in the coffin for Internet radio, and May 15 now looms as the day the music will die. Internet radio provides exposure and royalties for thousands of independent artists and labels that are not represented by broadcast radio – and last year, 72 million people tuned in every month. We call on Congress to step in to save Internet radio for the artists, the labels, the webcasters and – most importantly – the tens of millions of listeners.”
(From http://www.digmedia.org/content/release.cfm?id=41&content=news)
Supposedly similar posts:
5 Responses to “Judges Refuse DiMA’s Request to Reconsider Major Flaws in Internet Radio Royalty Decision”
Unbelievable. The ship would have already been sunk if we had our last congress; I just hope this one will do something about this.
In every article I've found, experts say the industry is all but doomed unless congress intervenes. I haven't read anyone claiming that webcasters are crying wolf.
Bad news for me. I'm gonna miss japan-a-radio.
That is really bad. I don't understand!
That´s more than bad, that´s a disaster. I love listening to japan-a-radio or gaming fm.