SoundExchange Talks to Webcasters About a New Royalty Plan
July 16, 2007 5:04 PM
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SoundExchange puts a stop on its royalty hike and decides to hash a new plan with webcasters
Several days ago,
online radio industry was about to meet its end
when the D.C. Circuit Court of Appeals declined to put a stop on a new royalty scheme. Championed by SoundExchange, the new royalty scheme increases money flow for artists and labels.
Despite the court decision to go ahead with the new scheme,
SoundExchange announced the new royalty scheme will be postponed
, without any indication it will be continued. According to SoundExchange Executive Director Jon Simson, the group is in debate with online radio stations on an alternative plan, one that will allow them to continue their operation while compensating artists and labels.
The outcry by online radio stations was heard several weeks ago when a large
number of stations banded together to protest against SoundExchang
e. While the government in large ignored the complaints, SoundExchange did listen -- even though it was the last entity on any stations' mind that would listen.
Pandora, one of the four largest online radio companies was one of many stations that took a stance against SoundExchange. Pandora founder Tim Westergren said users who called into Congress to voice against the changes all helped.
"This is a direct result of lobbying pressure, so if anyone thinks their call didn't matter, it did. That's why this is happening," said Westergren in a blog on
SoundExchange said it will now work closely with webcasters, large and small to form a new plan.
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RE: only in america
7/18/2007 1:08:37 AM
Ha ha. I love all the armchair economists and health care policy makers.
Yeah socialized, universal health care is wonderful...when you're healthy! Canada, England? Yeah, right. My wife's best friend married a Brit and she had to wait 7 months for a lumpectomy on a tumor diagnosed as malignant because of the wait time. You can close your eyes or try and ignore reality and wave your nation's healthcare flag all you want, but given the choice, I'll pay 3 times as much for timely (generally speaking) healthcare services.
The US's healthcare system needs work, but it needs it from the ground up. You people really think the drivers of high healthcare costs are your HMOs? LOL, you obviously have no clue about the current state of healthcare affairs in the US. The vast majority of publicly traded healthcare companies in the US are currently operating in the single digits for profit margins. If you don't already know that's slim margins, I'm not going to waste my time explaining it to you.
You ever wonder why you're getting a $2,400 bill for 4 sutures? Doesn't that seem slightly high? Duh! Hospitals are one of the largest drivers of increased healthcare costs in the US. Prescription drug costs anyone? American's subsidize the rest of the entire world on prescription drugs because Big Pharma has it's pocketbooks stuck so deep in our congressional leaders @sses, they can't find their way out. The pharmaceutical companies have already lobbied Congress under open testimony that if the US implemented Federal price caps on domestically sold drugs, it would have a "so-called" devastating effect on their R&D and pipeline efforts. Yeah, they mean it would effect their marketing efforts, which has vastly outpaced their R&D expenses over the last 5 years.
When was the last time you saw a doctor in the US that lived in a trailer park?
Give me a f!@king break. The suppliers of healthcare are murdering Americans on their healthcare costs - it's not nearly as much to do with the method of delivery or financing of the care as it is the suppliers of it.
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