The Arguments for Lower and Higher Music Royalty Rates for Internet Radio
Copyright Royalty Board Oral Argument on Sirius XM SoundExchange Royalties - A View of the Application of the 801(b) Standard Proposed for Internet Radio
By David OxenfordOct. 25, 2012
From Broadcast Law Blog
The royalties that Sirius XM will pay to SoundExchange for the next 5 years will be decided by the Copyright Royalty Board ("CRB") in December. To summarize the hearings that have been held over the last year, the CRB held an oral argument last week, where Sirius XM and SoundExchange presented their arguments as to what those royalties should be. Sirius argued that the rates should be decreased, while SoundExchange contended that the rates should go up significantly from the 8% of revenue that the service now pays (see our summary of the current Sirius XM rates here). How can these parties have such different perspectives on the value of music, and what did this argument say about the application ofthe 801(b) standard that applies to Sirius?
Read More:
http://www.broadcastlawblog.com/2012/10/articles/music-rights/copyright-royalty-board-oral-argument-on-sirius-xm-soundexchange-royalties-a-view-of-the-application-of-the-801b-standard-proposed-for-internet-radio/
Read More:
http://www.broadcastlawblog.com/2012/10/articles/music-rights/copyright-royalty-board-oral-argument-on-sirius-xm-soundexchange-royalties-a-view-of-the-application-of-the-801b-standard-proposed-for-internet-radio/
