News: A reprieve for net radio

from JoeUser Forums

Fans of net radio can rejoice in knowing that it looks like their favorite net radio stations will stick around, at least for the near future.

After the Copyright Royalty Board had set prices that most web-casters had screamed would literally run them out of business, things were looking fairly grim for many of the net's radio stations.  The prices that had been set would have been nearly impossible to meet if you can believe what the webcasters were saying.

On the other side, the music industry is still demanding fair compensation for the works that the webcasters are streaming.

Well, at least temporarily, it seems that the webcasters have won a delay in implementation of the new fees, and during that delay negotiations continue on rates that both sides can accept.

Will it all go to pieces in the end, or will both sides be able to find a happy medium to get prices that can keep both sides reasonably happy?  Stay tuned. ;-)

Original news link for this item: A Reprieve for Net Radio

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5,131 views 2 replies
Reply #1 from JoeUser Forums Top

Not that I've had much time to listen to much online radio lately (when I have it typically has been either Sirius or XM, and I still wonder how they are impacted by these fees when they eventually do hit), but I am glad that it seems that the marketplace seems to be working out a compromise in this area.

Of course the compromise was basically forced upon both sides thanks to the Copyright Royalty Board setting rates that were more in line with those asked for by the music industry while the webcasters have basically refused to even really talk about the issue until some of the implications of those rates were eliminated from consideration.  As usual in many large and important negotiations, it seems that neither side really wanted to work with the other until there was the drop dead date looming in front of them.

Why businesses always run things right up to the deadlines before really negotiating is beyond me.  You'd think that both sides in these equations would have enough sense to work from their reasonable positions to begin with, but it seems that the participants never want to be seen as giving in too easily, even though in many cases the deals they make later are much worse for them than the deals they could have had much earlier.

Reply #2 from JoeUser Forums Top

Good news/Bad news.  Good in that there is a hiatus.  Bad in that I feel in the end, they are going to kill a golden goose.  It is their nature.  And their destiny.

The little dutch boy is running out of fingers.  Instead of using the water for their advantage, they continue to try to dry it up.

I hope they mark this era as when they screwed themselves.  Like the Swiss did with Digital watches.

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