Business

Digital Media Association Lands Internet Broadcasters A Royalty Cap

Internet radio got a much needed ray of hope yesterday in the form of an agreement to cap the Internet radio "$500 per channel minimum royalty" at $50,000 per service. The deal was reached by the Digital Media Association (which represents Apple, Yahoo, AOL, and Real Networks) and music industry representative SoundExchange. via DiMA

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Internet radio got a much needed ray of hope yesterday in the form of an agreement to cap the Internet radio "$500 per channel minimum royalty" at $50,000 per service. The deal was reached by the Digital Media Association (which represents Apple, Yahoo, AOL, and Real Networks) and music industry representative SoundExchange.

via DiMA