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While the Labor Day deadline moves forward, SoundExchange has apparently been busy lobbying Congress, an activity it is forbidden to do under the Copyright Act. SoundEx has been doing this under the cloak of a shell non-profit it set up known as the MusicFirstCoalition.
Read all about the dirty dealings here:
http://www.wired.com/entertainment/...ost/2007/08/listening_post_0806?currentPage=1
Congress begins a recess on Monday, and will return on September 4, the day after Labor Day. Senators Wyden and Brownback, the sponsors of the Internet Radio Equity Act, have given SoundEx until then to come up with a compromise solution. If they can't, then the bill goes before Congress.
These two Senators know very well the situation facing webcasters. Here is a statement from them:
"The fact is online radio services do not have enough revenue to support what will amount to unprecedented royalties. The $500 per channel minimum fee alone will deliver an over $1 billion annual windfall to record companies, a windfall that is not justified by any business or equity considerations. We feel the Senate must take action, and we will make every effort move the Internet Radio Equality Act to the floor."
db
Read all about the dirty dealings here:
http://www.wired.com/entertainment/...ost/2007/08/listening_post_0806?currentPage=1
Congress begins a recess on Monday, and will return on September 4, the day after Labor Day. Senators Wyden and Brownback, the sponsors of the Internet Radio Equity Act, have given SoundEx until then to come up with a compromise solution. If they can't, then the bill goes before Congress.
These two Senators know very well the situation facing webcasters. Here is a statement from them:
"The fact is online radio services do not have enough revenue to support what will amount to unprecedented royalties. The $500 per channel minimum fee alone will deliver an over $1 billion annual windfall to record companies, a windfall that is not justified by any business or equity considerations. We feel the Senate must take action, and we will make every effort move the Internet Radio Equality Act to the floor."
db