Radio Silence Only Temporary ... For NowSoundExchange offers better deal to webcasters
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old news - 09:54AM Saturday Jun 30 2007)
tags: legal · RadioTipped by TK Junk Mail 
After a long week, webcasters protesting royalty rate hikes may have gained some ground, albeit only a little bit. First, there was the
Day of Silence protest that gained some media attention. Then, the U.S. House Small Business Committee
conducted a hearing to consider overturning the decisions on how rate fees are determined.
The result of that hearing was the decision that Congress wouldnt intervene in the issue, leaving webcasters and the music industry to try to work on a compromise on their own. Surprisingly, SoundExchange has
issued a press release indicating a willingness to cap some of the minimum fees for webcasters. Its not a great deal; it only lasts through 2008 and was a decision made by SoundExchange without negotiation. But its something. The webcasters won't be going permanently silent yet.