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Live365 Decries Webcasting Rate Deal; Submits Own Proposal July 10, 2009

Posted by David W. King in Uncategorized.

Live365, a provider of “micro-webcasting” services that power Web radio stations from over 5,000 users (wow, here you can see the detrimental effects that these CRB rates have already had) said on Thursday that the royalty rate deal announced this week by SoundExchange will have detrimental effects to its business, and submitted its own rate proposal to the agency.

“This deal once again focuses only on a handful of major webcasters, those that are capable of earning more than $1.25M annually,” the company said in a statement, noting that its user-created stations “will never reach even 2% of the revenue and listening limits set in this ‘pureplay’ deal.”-

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