Tip of the week for INDIE ARTIST According to The Internet Radio Equality Act, originally introduced as H.R. 2060, the proposed legislation nullified the May 1, 2007, determination of the Copyright Royalty Board modifying the current webcast radio royalties and fees retroactively to January 1, 2006. The previous system charged radio stations a per performance rate of $0.000768, and it was that same rate from 1998-2005. The new system, effective May 1, 2007, increased that per-performance rate to the following levels: 2006=$0.0008, 2007=$0.0011, 2008=$0.0014, 2009=$0.0018 and 2010=$0.0019. Statutory license regulations dictate that digital transmissions of public performances of sound recordings need permissions from two sets of copyright owners the owners of the musical work the songwriter or the composer and the owners of the sound recordings themselves usually a record label, unless the artists own their own master recordings. Traditional radio stations pay a flat per-song fee, and are only responsible for paying the musical work royalty. Internet radio is an entirely different market, and is responsible for both royalties, according to the Digital Millennium Copyright Act of 1998. The sound recording royalty, when paid under the provisions of the statutory license, is distributed to the featured artist on the recording, two musicians unions, and the owner of the copyright usually a record label. While traditional radio stations cannot determine how many people are listening to their station at a given moment, this information is readily available to an Internet radio station. The Internet Radio Equality Act specifies that the provider may choose to pay royalties of: 0.33 cents ($0.0033) per hour of sound recordings transmitted to a single listener, or 7.5 percent of the revenues received by the provider during that year that are directly related to the providers digital transmissions of sound recordings. In a nutshell everything always goes back to an Indie Artist being registered properly , if your music is being reproduced ,is a derivative work, distributed , publicly performed , publicly displayed , public performance for sound and or recordings in digital transmissions you will be a entitled to royalties for your musical works. Indie Artist please make sure your music is REGISTERED. Get More Detailed Information for INDIE ARTIST SURVIVAL HANDBOOK @ indieartistconsultants
Posted on: Wed, 12 Nov 2014 01:26:34 +0000
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