Internet Radio Being Threatened
Recently, the Copyright Royalty Board (CRB) issued the significantly higher new royalty rates for Internet radio for the 2006-2010 period. The ruling ignored webcasting community proposals and set out the SoundExchange proposed "per performance" rates (below) and a $500 minimum fee per channel per year.
For us, since we broadcast through Live365, this could mean that the future of Hardcore J and Hardcore XTRA are in jeopardy. The rates that are being proposed as driven by the recording industry will most likely put Live365 as well as many independent webcasters out of business leaving the market only open to the big names.
