Huh.. maybe someone's reading my blog....
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SoundExchange Reaches Out To Webcasters


In an effort to ensure a robust business environment for both webcasters and creators of music, SoundExchange announced that it is in discussions with some webcasting services, both commercial and non-commercial, following the recent rate-setting decision by the Copyright Royalty Board (CRB). SoundExchange is exploring mutually beneficial business arrangements that help to foster growth of Internet radio and provides fair compensation to creators of music.

In its ruling of March 2, 2007, the CRB increased royalty rates paid to artists and record labels from performances on Internet radio to more favorably reflect the value of music to webcasters.

SoundExchange contacted some services several weeks ago in order to seek information and schedule possible discussions, and it is willing to meet with additional webcasters as well. "Our continued outreach reflects our long-standing position that these are two businesses - webcasting and creating music - that are joined at the hip and that need each other," said John Simson, Executive Director of SoundExchange. "We recognize that there may be certain needs and expectations, as expressed by webcasters in recent days, that might possibly be addressed through direct discussions," added Simson. While SoundExchange maintains that the CRB's decision is sound and reflects the fair value for music in the market, SoundExchange stands ready and willing to engage the webcasters on issues of importance to them. "We sought a dialogue with these services in order to determine if there is an appropriate business solution that addresses their concerns while still ensuring fair compensation for artists," said Michael Huppe, General Counsel of SoundExchange. "It is in the industry's interest to foster the continued growth of Internet radio, and we stand ready to work towards that goal," added Huppe.


Brian Austin Whitney
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"Don't sit around and wait for success to come to you... it doesn't know the way." -Brian Austin Whitney

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