Webcasters strike more deals with SoundExchange


SoundExchange has reportedly reached a seal with some 24 smaller internet webcasters, allowing them to continue operating through 2010 with similar terms they’ve had since ’98 under the Small Webcaster Settlement Act (SWSA). The agreements are retroactive to January 1, 2006, which is the beginning of the current rate period, and continue through December 31, 2010, at which time new rates will be set either through negotiation or by the Copyright Royalty Board (CRB). Recently, another rate deal was struck between SoundExchange and larger webcasters like AOL, Yahoo, Pandora and Live365. Still no deal yet for radio stations that stream online.