Independent recording label Artemis Records said on Monday it would waive fees charged to Internet radio stations provided they play music from their catalog for one year. Artemis Records is home to artists like country-rock singer Steve Earle and heavy metal group Kittie.
The announcement was obviously welcomed by the webcasters whose livelihood has been threatened by the royalty rates set by the Library of Congress in June. Other independent labels will probably follow Artemis' example to waive the fees. What better way to promote your artists than by making the catalog an appealing choise for web radio stations struggling to stay on-line.
Source: Reuters
Written by: Jari Ketola @ 30 Jul 2002 14:23