Court Denies Stay Of Webcast Royalty Hike
from the how-much-does-silence-cost? dept
An appeals court in Washington has denied the appeal of a group of webcasters, and the new, drastically increased rates will take effect on July 15. The head of SoundExchange, which could stand to rake in billions in "administrative fees", says the decision is "a major victory for recording artists and record labels". It's hard to see how that's the case, since should the new rates stand, the overwhelming effect will be a decrease in the amount of exposure artists get, and the number of times their music is heard -- not the dramatic increase in revenues he seems to be hinting at. Should these rates stand, and the RIAA succeeds in hitting broadcast radio stations with royalties (which we presume the SoundExchange boss would call another "major victory"), major-label music could suffer from a huge loss of exposure, which would translate into a huge drop in sales that would surely outweigh any revenue gains from the new royalties. Sounds like yet another way the record labels have figured out to destroy themselves. Update: As noted in the comments, SoundExchange says it won't enforce the new royalties yet, and will continue to negotiate them with webcasters.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Of course...
[ link to this | view in chronology ]
http://blog.wired.com/music/2007/07/breaking-news-o.html
[ link to this | view in chronology ]
Dude, hardly on crack, and hardly a
http://blog.wired.com/music/2007/07/soundexchange-t.html
If you have updates on the story, post them as such, and you did, and thanks.
But I stand by my 'sandpaper dildo' comment...as opposed to trusting the RIAA and calling this a 'win'.
[ link to this | view in chronology ]
Ummm...the NON-POSTED 'sandpaper dildo' comment...
It is clearly not, and I said they were only waiting for the RIAA to determine what size and abasiveness of dildo was suitable to rape them (the webcasters) with.
Not sure if it was the word 'rape' or the number all-caps words I had in that post that triggered some kind of review...
[ link to this | view in chronology ]
Clearly, it was the all-caps...
[ link to this | view in chronology ]
[ link to this | view in chronology ]
[ link to this | view in chronology ]
[ link to this | view in chronology ]
[ link to this | view in chronology ]
*sigh*
DrScum apparently first saw the NEW news-that SoundExchange had agreed to NOT impose the new fees and would enter negotiations to find something more realistic, and thought the story poster was being an idiot.
I stupidly flamed him (which flame, fortunately, was blocked for an excess of ALL CAPS) before I figured out the sequence of events. Sorry.
Read the link Dr posted. It explains the current state of the situation, which, I will submit, is still pretty perilous for the webcasters. Call your Congresscritter today!! I did.
[ link to this | view in chronology ]
correlation
Because of course if you make it harder for people to do said activity, there would never be a drop in said activity.
good synopsis.
[ link to this | view in chronology ]
This is a good deal for the artist. The ones that should be paid if any money is made from the use of their product.
If a new artist or a flegling webcaster is not in the position to be paid yet.....keep trying. The rich should not get richer off my sweat.
[ link to this | view in chronology ]