NAB Blasts SoundExchange Again
August 10, 2007 at 12:42 PM (PT)
In the ongoing fight over fees for streaming audio, the NAB TODAY placed a "shot-clock" graphic on its Web site to draw attention to their feeling that SOUNDEXCHANGE has continued to refuse to respond to a good-faith offer from NAB to resolve a rate dispute related to radio stations that stream music online.
NAB's original offer was made on JUNE 6 in a meeting between executives from NAB and SOUNDEXCHANGE, an organization created to establish and collect royalties for digital sound recordings. For 65 days, NAB says they have received no response, despite assurances from SOUNDEXCHANGE that a response would be forthcoming.
"The sounds of silence from SOUNDEXCHANGE are deafening," said NAB EVP DENNIS WHARTON. "SOUNDEXCHANGE's callous refusal to respond to our reasonable offer threatens not only the recording artists they purport to represent, but also a fledgling technology that benefits listeners."