Final Webcasting Royalty Rates Published
"Last week, the Copyright Office published in the Federal Register the final decision of the Copyright Royalty Board on the statutory rates for Internet radio royalties - royalties paid by webcasters for the noninteractive streaming of sound recordings.
Broadcasters who are streaming their programming on the Internet pay lower per performance royalties than webcasters paying the statutory rate in the first years of the 5 year period, but higher rates at the end of the period. (See a summary of the Broadcaster royalty agreement here). "Pureplay" webcasters, like Pandora, pay significantly lower per performance royalties than either broadcasters or those paying under the statutory rate, but are required to pay a minimum fee of 25% of the gross revenue of their entire business - ruling out these lower rates as an option for any service that has lines of business other than webcasting
The differing royalty rates for these three groups of webcasters can be summarized as set forth below."
Broadcasters Per Performance Royalties
•2011 - $.0017 per performance
•2012 - $.0020 per performance
•2013 - $.0022 per performance
•2014 - $.0023 per performance
•2015 - $.0025 per performance
Statutory Webcasting Per Performance Royalty Rates
•2011 - $.0019 per performance
•2012 - $.0021 per performance
•2013 - $.0021 per performance
•2014 - $.0023 per performance
•2015 - $.0023 per performance
Pureplay Webcasters Per Performance Royalty Rates
•2011 - $.00102 per performance
•2012 - $.00110 per performance
•2013 - $.00120 per performance
•2014 - $.00130 per performance
•2015 - $.00140 per performance
http://www.broadcastlawblog.com/2011...-services-pay/
The great online car-radio race
March 14, 2011 5:00 AM
To woo the coveted drive-time listener, Pandora and rival Clear Channel are trying to outfit cars with music apps.
By Steve Knopper, contributor
The battle between Internet radio and traditional broadcasters is coming to a dashboard near you. Pandora, the 11-year-old online music service that recommends and plays songs based on listeners' preferences, will soon be offered in a handful of Ford (F), Mercedes-Benz, Toyota (TM), and Hyundai models. Clear Channel Communications, the world's biggest radio company, is also busily working to ink deals with automakers; its iheartradio mobile app, which simulcasts 750 broadcasts of major stations, will be available in select Toyotas later this year.
Up for grabs: the 70% to 80% of radio listeners who tune in from their cars in any given week. (Also in the mix: satellite radio's 20 million subscribers.) For Pandora, which has successfully penetrated desktops and smartphones, the car is the next frontier. "When we look at growing, that's what we have our eyes on," says Pandora strategy chief Tim Westergren.
http://tech.fortune.cnn.com/2011/03/...ar-radio-race/
Not Pandora's Box: Why the music company's IPO isn't the sign of a bubble
Posted by Paul Smalera, Senior Editor
March 1, 2011 5:00 AM
Pandora's IPO might look like dot-com Bubble 2.0. But the company actually has a sound case for going public.
By Kevin Kelleher, contributor
"Pandora's prospectus lists 25 pages worth of risks facing investors, some of it more than the usual legal boilerplate Tyler."
http://tech.fortune.cnn.com/2011/03/...n-of-a-bubble/
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"The radio industry – terrestrial radio – is the big factor."
"Now that Sirius XM is profitable post-merger and throwing off lots of free cash flow since it is not currently having to launch any new satellites, cash is piling up in the corporate coffers. Having passed on Internet radio investments, the company’s board is evaluating options to return cash to shareholders at some point. But what about the idea of buying a terrestrial radio company?"
http://www.rbr.com/radio/mel-karmazi...-audience.html
* bold emphasis added by me for benefit of Tyler Savery
Sirius XM monitors Japanese suppliers
"The interconnectedness of the global economy continues to be illustrated following the Japanese earthquake. Beyond the human impact, Sirius XM Radio CEO Mel Karmazin says the satellite radio company is closely monitoring developments at technology suppliers and carmakers."
http://www.insideradio.com/
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Howard - "as time rolls on I'll probably do about three shows a week"
"When it came down to sort of figuring out what I was really after, I was pretty sure I was going to leave the radio," Stern says about his recent contract renewal. "I thought I'd kind of done what I needed to do. I still enjoyed it, but I also found that I wanted time to do some other things. Right now, my schedule is pretty much the same as it's always been. And then as time rolls on I'll probably do about three shows a week."
http://www.fmqb.com/goout.asp?u=http...story-20110316