42244 0 3 econsultancy_xml <p>If the offer is accepted, small webcasters will pay royalty fees of 10% of all gross revenue up to $250,000 (£125,000) and 12% for revenue above that amount until 2010, up to a ceiling of $1.25m (£630,000). </p> <p>It is these smaller webcasters that were thought to be under the greatest threat from the <a href="/blog/1062-us-internet-radio-under-threat-from-new-ruling">CRB ruling</a> as, in many cases, the new royalty rates would result in firms paying more in royalty fees than they earn. </p> <p>But the offer has not been welcomed by <a href="http://www.savenetradio.org/">SaveNetRadio</a>, the group formed to protest against the new fees, arguing that the new plan would still leave bigger webcasters in trouble while limiting the growth of smaller players. </p> <p>According to spokesperson Jake Ward: </p> <blockquote> <p> <em>“Under government-set revenue caps, webcasters will invest less, innovate less and promote less. Under this proposal, Internet radio would become a lousy long-term business, unable to compete effectively against big broadcast and big satellite radio."</em> </p> </blockquote> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>If the offer is accepted, small webcasters will pay royalty fees of 10% of all gross revenue up to $250,000 (£125,000) and 12% for revenue above that amount until 2010, up to a ceiling of $1.25m (£630,000). </Paragraph> <Paragraph>It is these smaller webcasters that were thought to be under the greatest threat from the <Link URL="/blog/1062-us-internet-radio-under-threat-from-new-ruling" Window="New">CRB ruling</Link> as, in many cases, the new royalty rates would result in firms paying more in royalty fees than they earn. </Paragraph> <Paragraph>But the offer has not been welcomed by <Link URL="http://www.savenetradio.org/" Window="New">SaveNetRadio</Link>, the group formed to protest against the new fees, arguing that the new plan would still leave bigger webcasters in trouble while limiting the growth of smaller players. </Paragraph> <Paragraph>According to spokesperson Jake Ward: </Paragraph> <Block> <Paragraph> <Quote>“Under government-set revenue caps, webcasters will invest less, innovate less and promote less. Under this proposal, Internet radio would become a lousy long-term business, unable to compete effectively against big broadcast and big satellite radio."</Quote> </Paragraph> </Block> </FormattedContent> 2007-05-23T13:22:00+01:00 0 1 econsultancy_xml <p> <strong>Internet radio in the US has been under threat recently, after the US Copyright Royalty Board (CRB) endorsed a plan to retroactively raise the royalty fees paid by webcasters.</strong> </p> <p>However, <a href="http://www.soundexchange.com/">SoundExchange</a>, the organisation responsible for collecting the royalties from internet radio services, has offered to reduce the rates paid by smaller webcasters. </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Internet radio in the US has been under threat recently, after the US Copyright Royalty Board (CRB) endorsed a plan to retroactively raise the royalty fees paid by webcasters.</Emphasis> </Paragraph> <Paragraph>However, <Link URL="http://www.soundexchange.com/" Window="New">SoundExchange</Link>, the organisation responsible for collecting the royalties from internet radio services, has offered to reduce the rates paid by smaller webcasters. </Paragraph> </FormattedContent> false 1241 363402 Internet radio stations offered 'reprieve' false 2007-05-24T09:51:00+01:00 internet-radio-stations-offered-reprieve 2009-04-28T22:49:49+01:00 2009-04-28T22:49:49+01:00 253