Copyright Royalty Board Sets Webcast Rates For 2011-2015
December 16, 2010 at 3:58 AM (PT)
On TUESDAY (12/14), THE COPYRIGHT ROYALTY BOARD (CRB) released webcast royalty rates for 2011-2015. KURT HANSEN's RAIN newsletter reports, "The CRB rejected royalty proposals from both LIVE365 and SOUNDEXCHANGE. The former proposed rates of $.0009 per performance. SOUNDEXCHANGE proposed royalty rates starting at $.0021 and ending at $.0029 in 2015.
Industry attorney DAVID OXENFORD, who served as co-consul for LIVE365 in the proceedings, told RAIN, " the Judges determined that the current rate for 2010 [$.0019] set the lower bound of where the new rates should begin, and felt that some modest increases over time were justified by increased advertising revenues, increased listening, and increased performances being made by webcasters. The Judges did not consider whether the profits of webcasting companies were also increasing."
In addition, rates for non-commercial webcasters and broadcasters were set slightly lower than for commercial webcasters by the CRB.