{"id":5769,"date":"2016-01-04T16:17:39","date_gmt":"2016-01-04T16:17:39","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2016\/01\/04\/soundexchange-statement-on-web-iv-rate-decision\/"},"modified":"2016-01-04T16:17:39","modified_gmt":"2016-01-04T16:17:39","slug":"soundexchange-statement-on-web-iv-rate-decision","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2016\/01\/04\/soundexchange-statement-on-web-iv-rate-decision\/","title":{"rendered":"SoundExchange Statement On Web IV Rate Decision"},"content":{"rendered":"<p><span class=\"normal\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scontent.fath2-1.fna.fbcdn.net\/hphotos-xft1\/v\/t1.0-9\/11659344_10154211759644897_8627412251805709181_n.jpg?oh=ee260800346b0fecd719d749839807af&amp;oe=56FFAB93\" border=\"0\" width=\"217\" height=\"217\" \/><br \/>The Copyright Royalty Board (CRB) set the rates for  webcasters using the statutory license. In 2016, the rate for  nonsubscription services is $0.0017 per performance, and for  subscription services, it is $0.0022 per performance. For the remainder  of the term (through 2020), the prices will be adjusted according to the  Consumer Price Index. SoundExchange issued the statement below in  response to the decision:  <!--more-->  <br \/> &#8220;SoundExchange presented a strong case on the fair market rate for music  played by webcasters utilizing the statutory license. Our rate proposal  used data from dozens of marketplace deals and was based on what  willing buyers and sellers would agree to. <\/p>\n<p> &#8220;Music has tremendous value and is the core foundation of the webcasting  industry. It&#8217;s only fair that artists and record labels receive a  market price when their music is used. We believe the rates set by the  CRB do not reflect a market price for music and will erode the value of  music in our economy. We will review the decision closely and consider  all of our options.<\/p>\n<p> &#8220;Additionally it is deeply disappointing to see that broadcasters are  being given another unfair advantage. In their terrestrial business they  do not pay a dime for the recordings they use and now this $17B  industry will receive an additional huge subsidy on the music they use  in webcasting.<\/p>\n<p> &#8220;As music advocates, SoundExchange represents the entire recorded music  industry and we remain united on the principle that recording artists  and rights owners deserve a fair market rate when their music is used.<\/p>\n<p> &#8220;SoundExchange appreciates the efforts of the CRB judges and staff throughout this process.&#8221;<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span class=\"normal\">Source: SoundExchange<br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Copyright Royalty Board (CRB) set the rates for webcasters using the statutory license. In&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-5769","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=5769"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5769\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=5769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=5769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=5769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}