Although the Senate adjourned without voting on H.R. 5469, the compromise crafted by the House between webcasters and broadcasters, the Washington Post is reporting that an interim deal has been worked out. SoundExchange, an organization that represents hundreds of large and small recording labels by licensing, collecting and distributing copyright fees, has announced a temporary payment plan: “by October 21st, these eligible small webcasters may instead pay only the $500 annual minimum fee set by the Librarian of Congress for each year or portion thereof they have been in operation since 1998 (a maximum of $2500) until this Congress has had the opportunity to act on the pending legislation.”
Sorry, comments are closed for this post.