The Corporation for Public Broadcasting will pay digital music royalty collector SoundExchange $ 2.4 million for the term 2011-2015 under a deal made public Tuesday. The agreement, which was completed in late July, is one of several similar arrangements made under the Webcaster Settlement Act, which gave SoundExchange the authority to negotiate alternative rates and terms to the prevailing royalty rates set by the Copyright Royalty Board in 2007.
The deal covers CPB qualified stations, National Public Radio member stations and National Federation of Community Broadcasters participant member stations (along with NPR, American Public Media, Public Radio International and the Public Radio Exchange). "This continuing partnership allows music fans to experience a greater diversity of music, while allowing artists and rights holders the ability to share in revenues generated from music lovers who tune in to hear great recordings," SoundExchange Executive Director John Simson said.
SoundExchange announced recently that it had also made agreements with college broadcasters, SIRIUS-XM and with the National Religious Broadcasters Music License Committee. Terms and rates for each will be published in the Federal Register.
Saturday, August 15, 2009
Emilio Pastrana
This is outreageous, ... these guys will kill the opportunities for new and developing artists and some day will regret what they're doing.
I agree with the comment of Mike Richards: PBS Radio operates as Non Profit organiztion, how come it is allowed to charge it by a profitable company?.
What a shame!!
Friday, August 14, 2009
Mike Richards
The Sound Exchange should not get 1 cent in royalties form a Public Owned Corporation. PBS both radio and TV operates on donations and subsidies from government as a not for profit. Sound Exchange is by the nature a private company for profit. I do not want my donations going to CPB locally to line the pockets of some executive at Sound Exchange, unless they can prove to me that every cent goes directly to the artist and writer of any given soung being played.