Tuesday, June 26, 2007

U.S. Web radio stations silently protest royalty hike

(Reuters) - Campaign organizer SaveNetRadio estimated about half of the 30,000 U.S. Webcasters were silent, partly silent or playing announcements urging an estimated 50 million U.S. listeners to act against the hike by calling lawmakers in Washington.




Under a Copyright Royalty Board ruling in March, Webcasters will pay a performance royalty of $0.0008 for each listener of each song in 2006, rising to $0.0019 in 2010. The first payment, backdated to January 1, 2006, is due on July 15.


Read more at Reuters.com Government Filings News

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