NAB Radio Board Criticizes Internet Music Royalty Decision
May 22, 2007 at 8:59 AM (PT)
The NAB RADIO BOARD has unanimously adopted a resolution opposing the COPYRIGHT ROYALTY BOARD's Internet streaming rates decision. The resolution reads, "The radio board of the NATIONAL ASSOCIATION OF BROADCASTERS recognizes that the new streaming rates established by the COPYRIGHT ROYALTY BOARD [CRB] will cause significant harm to broadcasters that stream over the Internet.
"The radio board supports a comprehensive approach to addressing the CRB rate determination, including legislation that vacates the CRB decision and establishes an interim royalty rate structure."