Friday, July 28, 2006

Reuters' Analysis of The "Perform Act"

Satellite, traditional radio join in royalty fight
By Sue Zeidler, LOS ANGELES, July 28 (Reuters) -

Traditional radio companies and satellite radio broadcasters may be locked in a war for listeners, but the two rivals are united in a battle against the recording industry over royalties.
The dispute centers on what radio companies say is a legislative effort by the recording industry to raise royalties and restrict certain recording technologies, which are both at the heart of a multi-billion dollar lawsuit filed against XM Satellite Radio Holdings Inc .
Earlier this month, XM asked a federal judge to throw out the record industry suit that claimed it turned its portable radio, the Pioneer Inno, into a music-download service without paying the higher royalty fees required....

Link to full article: HERE