Obama signs Webcaster Settlement Act of 2009
RAIN has learned that President Obama today signed the Webcaster Settlement Act of 2009. As we’ve reported, SoundExchange has meted out royalty agreements for the use of sound recordings outside the Copyright Royalty Board determination with some groups of webcasters (CPB, NAB, hobbyist webcasters). However, “pureplay” webcasters, small commercial webcasters, and religious broadcasters say they are still without royalty deals that will allow them to survive. The sides now have an additional 30 days to reach settlements. Look for more details tomorrow in RAIN.
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