College stations get better rates and terms under new negotiated streaming royalty rates.
College Broadcasters, Inc. and SoundExchange negotiated the rates with the Copyright Royalty Board.
NCE webcasters would pay $500 annually for each streamed channel; to quality, the NCE’s total monthly transmissions per channel must remain below 159,140 aggregate tuning hours.
CBI President Gregory Weston says the new agreement allows more stations to report their use of sound recordings with a proxy fee, and allowing these services to provide reports. He called it a “big win” for student stations, labels and their artists.
The decision comes as CBI is hosting the National Student Media Electronic Convention in Minneapolis Oct. 22-24.
The new rates become effective Jan. 1, 2015 and go through Dec. 31, 2020.