Independent musicians should be upset as they lose a major venue for exposure. A major increase* in royalty rates is shutting down internet radio stations. FULL STORY: http://www.newjerseystage.com/articles/getarticle.php?ID=6712 ***PLEASE SHARE***
*For commercial webcasters, the #CRB set $.0017 as the per performance (i.e. the rate paid per song, per listener) rate. Prior to this decision there was a special CONGRESSIONAL LAW titled the "Small Webcasters Agreement of 2009" or #SWA which made these insanely expensive royatly fees affordable and kept innovative programmers and new emerging artists on the air. The SWA expired on Jan 1, 2016 at midnight.
Considering a small 100-listener Internet music station, let's do the math… Licensing at 0.17 per song (that's $0.0017 x 100 = $0.17) with ~15 songs per hour x 24 hours = $61.20 per day, x 30 = $1,836 per month, x 12 = $22,032 per year total Licensing Fees. — How many small Internet music stations can sell enough advertising for a tiny 100-listener audience to offset over $22,000 in music license fees? — Scale that up to 1,000 listeners and you have over $220,000 per year in licensing. — 10,000 listeners (like a small-market terrestrial FM station) and you're up to $2.2-Million annually in licensing.
"Over 5,000 stations on live365 are forced to shut down at the end of January and that’s only the tip of the iceberg. It’s not that these stations don’t believe in paying royalties to artists, it’s that the royalty rate put in place is simply unworkable. Independent musicians should be upset since internet radio stations often provide their first (and sometimes only) radio airplay. Music licensing companies are supposed to be working for artists and not shutting down promotional outlets and potential revenue sources."
Please sign this petition to demand that Congress save internet radio… http://www.change.org/p/u-s-house-of-representatives-u-s-senate-save-net-radio-we-need-your-help-to-petition-congress-100-000-stations-will-perish