September 24, 2008

Good news for Rhapsody, Still No news for Pandora

From All Access- Radio and Internet Editor Paul Maloney has read the fine print of the announcement of a royalty deal and concluded that the agreement doesn't cover Internet Radio's royalty rate at all. The agreement between DiMA (Digital Media Association) and several music industry groups solely covers mechanicals for on-demand services, such as streaming and "limited download" services. They will basically have to pay 10.5% of their revenue. He says, "It’s about services like Rhapsody in which listeners can request a specific song right now.

Net radio interests currently pay two performance royalties (one to publishers/composers and the other to recording copyright owners/performers), they are not liable for "mechanical" rights (the reproduction of recordings).

Bottom line: Net radio parties such as Pandora are still on the hook for royalty rates that could threaten their very existence. Those services spend almost 90% of their revenue towards performance and recording royalities.

Anyway I hope this site's music player widget, which operates like Pandora, will continue.

No comments:

Post a Comment

Add your comments using your Google account and remember to share it on your Social Media.

Comments with links to other websites will not be published.

Trending News + Reports: Radio, Media, Sports, and Urban Culture 🎶


FOX SOUL + The Morning Hustle - The Rumor Report The Breakfast Club


Watch: Ebro in the Morning on Hot 97 - The Breakfast Club Power 105.1


Thanks for reading this post. Add your comments below.

© 2020, All Rights Reserved

. Powered by Blogger.

Popular Posts This Month

R&B Music Stream

R&B NOW and Hip Hop Old School Throwbacks.