|
From The Wall Street Journal: "Music companies and radio
firms have reached a tentative settlement in a dispute over
whether the broadcasters should pay royalties when they put their
stations' programming online.
"According to a document submitted Friday to the federal
Copyright Office, the two sides have reached 'a contingent agreement
concerning the royalty fees' that would apply. The filing doesn't
disclose the terms of the tentative deal, which also depends on
certain actions by the Copyright Office.
"If it becomes final, the agreement could be an important
step toward resolving the tangle of legal questions surrounding
music on the Internet. A federal arbitration proceeding, overseen
by the Copyright Office, is working to decide how much record companies
will receive in royalties when their songs are used in radio-style
'Webcasts...'
"According to Friday's filing, the new agreement depends
on the Copyright Office, which must allow the continuing arbitration
to resolve other issues, including the royalty rate that will be
paid by Internet-only Webcasters who offer music online but don't
own radio stations. Their royalty rate still would be decided by
the arbitration, which is expected to wind up in February..."
Read the entire piece here
(registration required).
|
a departure in the portal's previous branding strategy. The new
property is the result of 
