It's a sad day for small Internet radio stations, to be followed by a painful Sunday. The US Court of Appeals denied an emergency stay of execution requested by Webcasters to postpone royalty payment hikes implemented by the Copyright Royalty Board.
The
In other words, come Sunday, when the new retroactive rates kick in, a lot of Web radio stations are screwed. Independent music outlet
Business Size Standards" defines a small traditional radio
broadcasting network as a company with less than $6.5 million in
annual revenue (and no limit to the number of employees). An internet
broadcasting service is considered a small business if they have less
than 500 employees and no revenue limits.
4. Common-sense reporting requirements. Broadcasters would be
required to report either the ISRC, or if not known, the Artist,
Track Title and Album Name.
5. Congressional "codification" of the settlement. Congress will need
to endorse this settlement and put it into law.
Webcasters Will Have To Pay Up On Sunday
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