AfterDawn: Tech news

Webcasters and recording industry go before arbitration panel Monday

Written by Petteri Pyyny (Google+) @ 27 Jul 2001 14:17

Some kind of solution is looming over the fight between webcasters and recording industry. Both parties are going to represent their arguments in before of Copyright Office's arbitration panel that should ultimately decide how much webcasters have to pay to recording industry for their licenses.
RIAA is suggesting rate of $0.004 for each streamed hour of music or 15% of the revenues of webcaster. In other hand webcasters -- including MTVi Group, Spinner and Launch Media -- are suggesting a rate of $0.0015 per each streamed hour of music.

Recording industry has been critized because many analysts feel that recording industry is forcing digital music companies to license music with ridiculously expensive deals in order to stay legal and stay in business. Many digital music companies are facing NASDAQ delisting or have already ceased their operations.

Previous Next  
Comments have been disabled for this article.

Latest news

Intel announces: First commercial 5G modem in development Intel announces: First commercial 5G modem in development (20 Nov 2017 16:46)
The world's second largest semiconductor manufacturer, Intel, has announced a major project in mobile chips. The company has introduced a future portfolio for commercial 5G modems. According ....
1 user comment
CCleaner becomes adware, here's how to avoid Avast ads CCleaner becomes adware, here's how to avoid Avast ads (20 Nov 2017 13:00)
One of the more popular Windows cleanup tools, CCleaner, has added Avast ads on to their software. After being acquired by Avast, CCleaner wants you to install the virus protection suite along ....
3 user comments
Tesla's power pack charges your phone like a Supercharger Tesla's power pack charges your phone like a Supercharger (18 Nov 2017 13:25)
Tesla announced yesterday two incredible products that are due in two or three years. However, you might not have the money, nor the interest, to buy either Tesla Semi or Roadster, but there ....
Apple's newest product misses the entire holiday season, hits the stores in early 2018 Apple's newest product misses the entire holiday season, hits the stores in early 2018 (18 Nov 2017 12:20)
Apple has decided to push back one of the products originally revealed nearly 6 months ago in WWDC. The smart speaker, dubbed HomePod, has been delayed further and won't be seen in stores this ....
1 user comment
Tesla unveils two new vehicles, electric semi and super-fast new Roadster Tesla unveils two new vehicles, electric semi and super-fast new Roadster (17 Nov 2017 10:53)
Tesla has today announced two new vehicle prototypes that will bring the total number of Tesla cars, and now trucks, to six. As expected Tesla unveiled their "beastly" semi-truck the first time ....
1 user comment

News archive