SoundExchange, Public Radio make deal

FMQB is reporting that SoundExchange and Public Radio has made a deal on royalties:

The agreement will cover approximately 450 public radio webcasters, including CPB supported stations, NPR, NPR members, National Federation of Community Broadcasters members, American Public Media, Public Radio Exchange and Public Radio International.

They go on to say:

Under the new deal, SoundExchange is to receive a single up-front royalty payment of $1.85 million together with consolidated usage and playlist reporting from CPB on behalf of the entire public radio system.

David Oxenford in his Broadcast Law Blog has this additional info:

In some reports, the deal is described as being based on 'consumption' of music, and implies that, if music use by covered stations increases, then the royalties will increase.  It is not clear if this increase means that there will be an adjustment to the one time payment made by CPB, or if the increase will simply lead to adjustments in future royalty periods.

Read "SoundExchange and CPB Reach a Settlement on Webcasting Royalties - More Deals to Come?" by David Oxenford