Q. What rate has SoundExchange proposed in the arbitration?
A. While SoundExchange continues to negotiate deals tailored to individual
needs, it has asked an arbitration panel to set the industry rate for
webcasters as follows:
* Webcasters (including AM/FM webcasters) may choose to pay either $0.004
(four-tenths of one cent) per performance (e.g., if 10 people listen to
a recording, then there would be 10 performances) or 15% of the
service's
gross revenues from such transmissions.
* Webcasters who syndicate their service through 3rd party Web sites
(e.g., a webcaster who offers music to listeners at Starbucks.com) would
pay $0.005 (five-tenths of one cent) per performance without a revenue
option.
* Webcasters would pay a separate royalty fee for the making of
"ephemeral recordings" (e.g., server copies) that would be equal
to
10% of the royalty calculated under the options above.
How is it that we are profiting from the artists if we are not making a
profit.
josh
--
Joshua Vickery
Grinnell College
14-21
Grinnell IA, 50112
vickeryj@grinnell.edu
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