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Wednesday, November 01, 2006

Washington Post Picks Up Old Story On SatRad Royalties

This is an old story which resurfaced a few days ago (see our Oct 30th post). Nothing new, in our opinion.

SatRad has a valid argument to counter this ridiculous request...why does the music industry think they should get royalties on ALL revenues, including non-music income streams? Music has become a commodity. What has NOT become a commodity is content such as Howard Stern, Oprah, sports, news, etc. SatRad should NOT pay royalties to a music royalty group on non-music content. Additionally, terrestrial radio does not pay anything. That does not seem fair at all. The Copyright Royalty Board and the SoundExchange consortium should take this into consideration.

Satellite Radio Is Asked to Pay More
Music Group Wants Royalty Increase
By Chris KirkhamWashington Post Staff WriterWednesday, November 1, 2006; Page D04

A music industry group is asking XM Satellite Holdings Inc. and Sirius Satellite Radio Inc. to pay at least 10 percent of their revenues for the right to play songs over their networks.
Unlike land-based radio stations, which pay royalties only to songwriters and music publishers, federal law requires satellite radio, digital cable and Internet companies that broadcast music to pay the artists and record companies.
Downloading & Copyright
Years after the fall of Napster, peer-to-peer file sharing programs continue to eat into entertainment industry profits. The industry has responded with an all-out legal assault targeting the programs' developers and users...read more: here

11/01/2006 09:28:00 AM


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