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| From | "John L. Micek" <jlmicek@verizon.net> |
| Subject | One Royalty Dispute Down ... |
| Date | Wed, 24 Sep 2008 09:51:37 -0400 |
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... one to go. From this morning's LAT:
Music industry reaches settlement on two online royalty issues
Unfortunately, the high-stakes stalemate over the performance royalty for Internet radio remains.
By Jim Puzzanghera, Los Angeles Times Staff Writer
September 24, 2008
WASHINGTON -- The different parts of the music industry found harmony Tuesday, at least when it came to some online royalties.
In an agreement hailed as a "breakthrough that will facilitate new ways to offer music to consumers online," groups representing songwriters, music publishers, record labels and digital music websites ended a seven-year dispute over two types of music royalties.
Unfortunately, neither of those is the controversial performance royalty for Internet radio. That remains the subject of a high-stakes stalemate between SoundExchange, which collects the fees for artists and record companies, and Internet radio sites such as Pandora and Live365.
Tuesday's agreement resolves some contentious issues that were the subject of a six-month trial this year before the Copyright Royalty Board, a group of judges charged by Congress with tackling these disputes. The groups -- the Digital Media Assn., the National Music Publishers' Assn., the Recording Industry Assn. of America, the Nashville Songwriters Assn. International and the Songwriters Guild of America -- have agreed on so-called mechanical royalties for interactive streaming music and limited music downloads.
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