Music News Bulletin - 23/09/08

New royalty agreement leaves Internet radio out in the cold September 23, 2008
"This afternoon, the Digital Media Association announced a new agreement with organizations that represent musicians and songwriters that will provide a streamlined licensing procedure for many models of digital music distribution. The new agreement doesn't apply to "download to own" music, but will apply to streaming services, including subscription and ad-supported music (think Last.fm and SpiralFrog). The agreement has been submitted to the Copyright Royalty Judges for approval.

For the purposes of this agreement, musicians and songwriters were represented by he National Music Publishers' Association, the Nashville Songwriters Association International, and the Songwriters Guild of America. They negotiated the deal with the RIAA and the Digital Media Association, which includes industry heavy-hitters like Amazon, Apple, and Microsoft. But the DiMA also includes a variety of companies that are doing less well under the current system, such as the recently-purchased Napster, and Internet radio services like Live365 and Pandora, which are buckling under the current royalty system." [ArsTechnica]