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Lawmakers Say Royalty Rates Will Kill Small Webcasters

Lawmakers Say Royalty Rates Will Kill Small Webcasters
By David McGuire, Newsbytes
22 Apr 2002, 4:39 PM CST

(a bipartisan group of 20 U.S. House members ).... urged the U.S.
Copyright Office to reconsider a music-royalties proposal that they say
would force small Internet broadcasters out of business.  The Copyright
Office's Copyright Arbitration Royalty Panel (CARP) has recommended that
Internet-only Webcasters pay $.0014 for every song streamed.

Terrestrial radio stations that also stream music online would pay half
that amount, or $.0007 per stream, to be paid in addition to their
terrestrial broadcast royalties.  Webcasters would have one month to pay
retroactive back royalties dated to 1998 The librarian of Congress has
until May 21 to make a final decision on the proposal.

Thanks to Neal Pomea  DIGITAL-COPYRIGHT Digest 75 for the citation to this