“Pureplay” Webcasters Settlement Still Stinks

SoundExchange, negotiating for the record labels, and webcasters struck a compromise announced yesterday that defines more reasonable royalty payments for a longer period of time -- 2006 (retroactively) to 2015.

There's no doubt that the compromise is better than the Copyright Royalty Board's initial verdict that would have seen webcasters paying the labels virtually 100% of their revenue or more.

Hey, that kind of makes 25% -- one quarter -- look good, right?

Not so fast.

If webcasters were dead with the last iteration of SoundExchange's taxation, they are only half dead now.

Dead nonetheless. Life in&hellip