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The deadline for paying the new music royalty fees has been postponed by two months, to July 15, giving internet broadcasters a bit of breathing space and a 30-day chance to file a notice to appeal the Copyright Royalty Board’s decision to increase royalties in federal court.
The royalty board announced a new fee structure in March after webcasters failed to reach an agreement with the owners of music copyrights on a new royalty system, writes Forbes. Many internet radio companies have said that the new royalty structure would force them out of business.
While SoundExchange, a group that collects and distributes digital music royalties on behalf of copyright holders, has said that the new fees are not onerous, John Blackledge, an industry analyst at JPMorgan, said in a report that the new royalties could “potentially shutter smaller Internet radio companies” and hurt the profitability of larger operators as well.
CBS Radio and Yahoo, two of the largest online radio providers, are combining their online radio stations, beginning early next year.
CBS Radio’s 150 stations and LaunchCast’s 150 online stations will be integrated into Yahoo’s music site, powered by CBS…
Cox Enterprises, Inc. announced today that the company is bringing together its three media units - Cox Newspapers, Cox Television and Cox Radio - under a new organization named Cox Media Group, Inc., effective January 2009. The subsidiary will be headquartered…
Target is one of the first brands to create an iPhone application. The Target “gift globe” allows iPhone users to shake their phones to launch a snow-fall effect.
When the snow clears, a gift idea from Target is revealed. Users…
ABC is set to launch a slew of new series in a midseason shuffle. Primetime: What Would You Do? returns Tuesday, Jan. 9, in the 10pm time slot. The show is a hidden camera experiment in which actors stage scenarios…
Only 28% of the audience of an average news program, website or magazine gets valuable information about products and services advertised there, making news venues less effective at conveying ad messages than all forms of media combined (see chart), according…
Effective immediately, any telemarketing call that delivers a prerecorded message must include a quick and easy way to opt-out of receiving future calls. The opt-out must work both for consumers who answer these calls in person and for those whose…
