Wednesday, July 18, 2007

Congressman Ed Markey jumps to webcasters defense!

Congressman Ed Markey jumps to webcasters defense, From Congressional Quarterly:
Markey brought webcasters and representatives of the music industry together in last-ditch talks late last week. Some progress was made in that closed-door meeting and, for now, the old fees are still in place. Negotiations are still ongoing.
"Markey decided to host the Web radio negotiations because “he does have jurisdiction over the Internet, and he has a longstanding interest in the issue."
As a result of the meeting, SoundExchange, the nonprofit that collects royalty payments and distributes them to recording artists, has agreed to keep the old royalty rate in place as long as good-faith negotiations continue.
Christine Hanson, Inslee’s spokeswoman, said he prefers negotiating to legislating. “Simply because of the time involved, it just would be a lot faster,” Hanson said. “But for Jay, the number one thing is reaching an agreeable solution to both sides, where artists feel like they’re being compensated fairly and webcasters can have a sustainable economic model.”
Read entire story...

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2 Comments:

Anonymous Kekoa said...

Progress!

I have faith that this will turn out alright. We have people on our side.

Did anyone call Feingold on Monday?

July 18, 2007 2:25 PM  
Blogger Jan PM said...

Whooohoo! I'm so happy that this takes this very promising direction!

July 19, 2007 2:49 AM  

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