Internet Radio saved – for now

Over at our sister blog, Read/WriteWeb, Josh Catone reports: “Net radio broadcasters have reached a deal with SoundExchange, the group that collects royalty fees for record labels, that will put a $50,000 cap on royalties for individual broadcasters. The cap will apply to broadcasters as a whole. Individual channels will be subject to a $500 minimum, but services like Live365 and Last.fm that broadcast thousands of channels will only pay up to the $50,000 ceiling.”

Continue reading “Internet Radio saved – for now” over at Read/WriteWeb »

last100 is edited by Steve O'Hear. Aside from founding last100, Steve is co-founder and CEO of Beepl and a freelance journalist who has written for numerous publications, including TechCrunch, The Guardian, ZDNet, ReadWriteWeb and Macworld, and also wrote and directed the Silicon Valley documentary, In Search of the Valley. See his full profile and disclosure of his industry affiliations.

One Response to “Internet Radio saved – for now”

  1. David Mackey says:

    Good deal – though it would be better if SoundExchange would just use more reasonable rates.

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