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A Republican has introduced legislation to go back to the percentage of revenue model for royalties as opposed to the per song, per listener approach that the cartels want. The bill will levy a 7.5 percent tax on revenue for royalties. That still sucks.
This hits home because I'm planning on doing something good with http://www.ase.fm .
A Republican has introduced legislation to go back to the percentage of revenue model for royalties as opposed to the per song, per listener approach that the cartels want. The bill will levy a 7.5 percent tax on revenue for royalties. That still sucks.
Quote
Advocates have dreaded the CRB ruling, which they say could raise rates between 300 to 1200 per cent for webcasters. Earlier this month, the CRB threw out an appeal by commercial webcasters, National Public Radio and others to review the new rates and postpone a May 15 deadline for the introduction of the royalty schedule.
If passed, today's bill would set new rates at 7.5 per cent of the webcaster's revenue - the same rate paid by satellite radio. Alternatively, webcasters could decide to pay 33 cents per hour of sound recordings transmitted to a single user.
This hits home because I'm planning on doing something good with http://www.ase.fm .