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Article: What price streaming?(Record companies and Webcasters square off in mediation hearings)(Brief Article)
- Article from:
- Broadcasting & Cable
- Article date:
- August 6, 2001
- Author:
CopyrightCOPYRIGHT 2001 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Record companies, Webcasters in battle royal; AOL divisions part company on issue
Record companies and Webcasters last week began a six-week face-off over how much the latter should have to pay the former in royalty fees for streaming their content.
Record companies should receive 15% of Webcasters' revenue, argued the Recording Industry Association of America last week before a copyright arbitration panel in Washington. That amounts to approximately 0.4 cents per song.
Webcasters, including radio stations that stream their programming, say they should have to pay far less--closer to .015 cents per song or 1% of total revenue--because they ...