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Agreement Reached for Public Radio’s Webcasting Royalty Rates

Jake posted on Friday, January 16th, 2009 | Blog, Press Releases, PRX in the News | No Comments

After a long and winding road of discussions and negotiations, public radio now has an agreement covering payments for music rights for streaming internet radio. We are grateful that PRX is included in the agreement with NPR, American Public Media and Public Radio International. Our colleagues at the Station Resource Group played a key role alongside CPB and NPR in hammering out the deal. Thank you! (and just in time for the Public Radio Tuner to take off…)

Here is the full press release on CPB’s site.

An excerpt:

The agreement establishes the amount of royalties that will be paid by CPB on behalf of the public radio system for streaming sound recordings on a variety of public radio websites during the period January 1, 2005 through December 31, 2010. The agreement [...] will cover approximately 450 public radio webcasters including CPB supported stations, NPR, NPR members, National Federation of Community Broadcasters members, American Public Media, the Public Radio Exchange, and Public Radio International.

Both parties praise the agreement for reinforcing the value of artists’ performances, while recognizing the unique mission of public radio.

Tags: internet radio, royalties, soundexchange, streaming, webcasting