SoundExchange reaches webcasting settlement with NPR
DetailsMichelle Clancy | 17 March 2015
SoundExchange has reached a settlement agreement with NPR and the Corporation for Public Broadcasting (CPB) on royalty rates for the next five years for webcasting by public radio stations.
Exact terms for the deal have not been disclosed but it is thought that if adopted by the Copyright Royalty Board, the settlements between the independent non-profit performance rights organisation that represents the recorded music industry and CPB will be in effect for the years 2016-2020.
"We always prefer negotiated solutions with digital services, provided that they ensure appropriate payment to artists and rights holders," explained Michael Huppe, president and CEO at SoundExchange. "We are pleased that we have again reached an agreement with NPR and CPB. This agreement recognises the unique circumstances and missions of these organisations, and compensates the creators of the music used in their programming."
This would be SoundExchange's second settlement agreement in five months with non-commercial webcasters. In October 2014, SoundExchange reached an agreement with College Broadcasters Inc., which represents college media outlets. The agreement ensures that non-commercial webcasters at colleges and other educational institutions will continue to have a consistent royalty framework and that the artists and rights holders who recorded the music that educational webcasters play are compensated.