Hillary Weighs In On Net Royalty Rates ... Sort Of
November 7, 2007 at 11:29 AM (PT)
Democratic Presidential candidate HILLARY CLINTON has weighed in on the ongoing Net broadcaster royalty negotiations, offering what can best be described as politically correct support for continued negotiations between webcasters and SOUNDEXCHANGE.
According to WIRED.COM, the comments were made in an e-mail response to NEW YORK constituents who contacted her office to protest the new, higher online radio royalty rates that are causing all kinds of problems for webcasters. After noting how important it is to foster the growth of Internet radio, while at the same time compensating the artists whose music is played on the medium, CLINTON then recounted the rates and the initial bump on royalties that alarmed the Net radio community.
"Since that time, however, SOUNDEXCHANGE ... and a broad coalition of webcasters have been negotiating potential compromise agreements on royalty rates," she wrote. "As those negotiations continue, I will continue to monitor this situation with the hope that they produce a fair and equitable resolution for all sides."
Spoken like a true ... politician.