Internet sites like Pandora that stream music are in contentions with the Copyright Royalty Board over paying $.19 per-song fee, arguing that such fees would put them out of business. They want to pay a percentage of their yearly revenue instead. Furthermore, a proposed agreement stimulates that bigger revenue companies pay a greater per-song fee and percentage then smaller revenue companies, which smaller companies argue discourages them from growing.
Wednesday, March 4, 2009
Streaming Music Sites Can't Reach Royalty Deal
Internet sites like Pandora that stream music are in contentions with the Copyright Royalty Board over paying $.19 per-song fee, arguing that such fees would put them out of business. They want to pay a percentage of their yearly revenue instead. Furthermore, a proposed agreement stimulates that bigger revenue companies pay a greater per-song fee and percentage then smaller revenue companies, which smaller companies argue discourages them from growing.
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