Thursday, April 26, 2007

Inslee introduces "Internet Radio Equality Act"

A bill has been introduced that will save independent internet radio by setting these royalties at the same level paid by satellite radio services, a reasonable amount (7.5% of gross revenues) which will benefit the artists as well as not bankrupt net radio stations. Call your Representative right now and ask to cosponsor the "Internet Radio Equality Act", just introduced by Representative Jay Inslee (D-WA) and Donald Manzullo (R-IL). This bill will set royalty rates that internet radio pays to the same reasonable level that satellite radio pays. Please call the House switchboard at (202) 224-3121 and ask to speak to your representative.  (find your representative).

From the press release from SaveNetRadio.org:

The Internet Radio Equality Act would vacate the CRB’s decision and set a 2006-2010 royalty rate at the same level currently paid by satellite radio services (7.5% of revenue.) The bill would also change the royalty rate-setting standard used in royalty arbitrations, so that the standards applying to webcasters would align with the standard that applies to satellite radio royalty arbitrations.
“The illogical and unrealistic royalty rates set by the CRB have placed the future of an entire industry in jeopardy,” stated Jake Ward [spokesman for SaveNetRadio.org]. “This bill is a critical step to preserve this vibrant and growing medium, and to develop a truly level playing field where webcasters can compete with satellite radio.

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9 Comments:

Anonymous dan said...

sweet! this is good news.

April 26, 2007 3:40 PM  
Anonymous alexr said...

Now is when we find out if Boxer and Feinstein are really just industry shills or not.

April 26, 2007 9:29 PM  
Blogger struan said...

This is a very hopeful sign.

*fingers crossed*

April 27, 2007 5:06 AM  
Blogger Tyson said...

anything we can do to help from up here in Canada?

April 27, 2007 9:26 AM  
Anonymous blksnake said...

Spread the word!

April 27, 2007 1:44 PM  
Blogger Justin said...

I'm glad this bill is sponsored by a member of each of our two parties!

April 27, 2007 1:54 PM  
Blogger Chris said...

Here's a link to an article illuminating the problem with the CRB's March 2nd decision: http://www.orlandoweekly.com/features/story.asp?id=11475

April 27, 2007 3:17 PM  
Anonymous trung said...

Good luck to us all.

April 27, 2007 4:13 PM  
Blogger John Barker said...

SoundExhange launches their media blitz...

"Because the bill is so heavily favored to enrich the big webcasters, it raises questions as to who is really behind the SaveNetRadio Coalition," observed Simson.

http://sev.prnewswire.com/music/20070427/DCF06327042007-1.html

April 28, 2007 7:20 AM  

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