SaveNetRadio Responds to CRB Decision

SaveNetRadio Responds to CRB Decision

WASHINGTON, May 2 /PRNewswire-USNewswire/ -- The following is being issued by SaveNetRadio:

Today the Copyright Royalty Board (CRB) published its "Final Determination of Rates and Terms" of its March 2nd ruling in the Federal Register, which notes that the first payments are due 45 days after publication of the "final" determination. According to the CRB's statutory interpretation, the first payments for Internet radio webcasters are due July 15, 2007 instead of May 15, 2007. This is welcome news for webcasters, the artists they support, and the millions of listeners who enjoy Internet radio. SaveNetRadio will spend the next 45 days educating Members of Congress and their staffs about the incredible diversity of programming Internet radio offers us all. We will set the ticking clock back 45 days and continue the fight to free Internet radio from these devastating fee increases.

We feel strongly that Congress could not possibly have intended a structure whereby Internet radio services pay 60% to 300% of their revenue in royalties, satellite radio pays 5-7% and broadcasters pay zero, and we urge them to support H.R. 2060, The Internet Radio Equality Act. This legislation achieves that necessary balance by setting Internet radio rates equal to that of satellite radio, while also providing the same important and preferential rules for public and noncommercial Internet radio.

Source: SaveNetRadio

CONTACT: Jake Ward, +1-202-448-3156, for SaveNetRadio

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