News:
Radio broadcasters who stream online to see lower webcasting royalty rates

Posted by Robert Bartosh
December 18, 2015 - 2:41pm UTC

The Copyright Royalty Board has announced that the webcasting royalty rate that radio broadcasters must pay to SoundExchange to stream songs online will be lowered to 17 cents in January, from 25 cents. CRB increased the webcasting rate for Pandora and similar companies to 17 cents for each 100 plays of a song through 2020, from 14 cents. Inside Radio (subscription required) (12/17), The New York Times (free-article access for SmartBrief readers) (12/16), Billboard.com (12/16), The Tennessean (Nashville) (tiered subscription model) (