Royalty Deal Reached Between SoundExchange, CPB
January 15, 2009 at 2:00 PM (PT)
SOUNDEXCHANGE and the CORPORATION FOR PUBLIC BROADCASTING have finally agreed to a streaming performance royalties. Public broadcasters will pay content providers and artists $1.85 million, plus produce a "usage report" that lists all the songs and artists aired on all of public radio from 2006 to 2010 term.
The cost is estimated to be approximately $1.85 million. Dividing that up by the 450 stations over 5 years, and the average each station will par annually is a little over $820. results in an average per station per year cost of about $822. Comprising those stations are NPR and its members, the National Federation of Community Broadcasters members, American Public Media, Public Radio Exchange and Public Radio International.