- The Copyright Royalty Board (CRB) decision increases the royalties that Internet webcasters pay to play music by nearly 300% for the biggest webcasters and up to 1200% for small webcasters.
- The CRB rates are retroactive to January 1, 2006 and payable on May 15, 2007. This decision could bankrupt many Internet radio services immediately on that date, even if it is effective for only one day.
- Past due royalties alone will be enough to bankrupt virtually all small and mid-sized webcasters, many of whom are the hallmarks of programming diversity.
- The American Association of Independent Music (A2IM) reports that less than 10% of terrestrial radio performances are independent music but more than 37% of non-terrestrial radio is independent music.
- According to Arbitron and Bridge Ratings, between 50 and 70 million Americans listen to internet radio a month.
- Bridge Ratings & Research estimates that the Internet radio audience will double by 2010 and grow to nearly 200 million monthly listeners by 2020.
- Internet radio listeners are 20% more likely to have purchased downloadable music than the average American. (Arbitron)
Thursday, April 19, 2007
Posted by Justin Fox at 11:59 PM