February 17, 2009
NAB and SoundExchange Come to Agreement
The National Association of Broadcasters and SoundExchange have reached an agreement over royalties paid by radio stations who simulcast their broadcasts over the Internet. The rates will have the stations pay $1.50 for every song heard per 1,000 listeners in 2009, and jumping to $2.50 per song per 1,000 listeners in 2015. This deal overrides the rates set by the Copyright Royalty Board in 2007. More from Fox News.
February 17, 2009 | Permalink
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well i can say this much, soundexchange is actually a illegal organization there to may companies pay for royalties that were already paid for, technically, if you have a fm broadcast station you pay the fees and royalties, here is a good example of fraud on their part, if you play a song that has no US copyright holder at all and the record label or band doesn't have representation in the USA they still expect you to pay these fees, and since the band doesn't have representation they cannot legally collect that money owed, and also if you recall circular 92 of the copyright law this is a true violation of international agreements, makes you wonder why this only is in the USA and no other country in the world does this? so i warn and state to people use a service based out of Europe, and register a company in Europe that way you know everything is 100% legal and no fraud just remember technically its the origination of the signal, and today all FM station use computers so its digital in the first place, so you can see the double standard here, with our firm we are starting in late 2009 everything will be based on European Soil, also you have to be warned that soundexchange is a fraud and has been since its beginning, we don't mind to pay the royalties owed and following the law but when you have convention and international agreements and trying to commit fraud in this manner is a Pandora box ready to break open in international lawsuits just because a few political fools created a law, they should have thought first about the international implications of such and violations of multi national agreements. like i there VP in Dc said to me directly that you have to pay a fee on every song even if there is not a copyright owner, or even no American copyright. technically this is illegal 100% and fraud.
18 yrs business owner of import, export, distribution in the USA and FM radio, and hold a Masters in Business and International Law./ email@example.com
Posted by: Erik | Feb 26, 2009 11:44:42 AM