The Recording Industry Association of America, RIAA, announced a new online royalty payment organization that will collect performance fees for music webcasts.
The organization, called SoundExchange, will allow copyright holders, record companies and artists, to receive royalty payments from "noninteractive" webcasts such as Internet radio play, but not from MP3 downloads or customized streaming services, for which labels and Internet companies must reach their own licensing deals.
Source:
Yahoo! News
Written by: Jari Ketola @ 28 Nov 2000 14:05
RIAA announces a royalty system for webcasts
- Previous article
-
David Bowie joins My.MP3.com
- Next article
-
Behind the scenes of digital-music copyrights
Advertisement - News comments available below the ad
