"Want money? Go actually earn it." -- The US Congress may put a law into effect negating the upcoming rate hike.
The fate of Internet radio has been getting a lot of press lately. If you've somehow missed the news, some
clever price hikes by the RIAA are set to go into effect in mid-May. These hikes could have a
couple of motivations, but one thing is for sure -- they are designed to bankrupt the nascent industry.
Or, maybe not, thanks to the
US Congress. Who said politicians never listen?
The US House of Representatives received a proposed bill on Thursday afternoon that would block the new hikes. Tentatively dubbed the
Internet Radio Equality Act, the bill's sole purpose is to intervene in the Copyright Royalty Board's recent decision to approve the tremendous increases. It replaces the outrageous increases with a flat 7.5% of profits, similar to the current model.
The bill was sponsored by one Republican and one Democrat, and has already received some pretty overwhelming bipartisan support in the House.
"The Internet has provided us with amazing opportunities to enjoy music, and this unfair action by the CRB threatens to take it all away," said Robert Mazullo, one of the bill's sponsors.
"Our legislation overturns the huge rate increases and sets up a system that is fair to Web-casters, Web users and the artists whose music we all enjoy. And most importantly, it will keep music playing on the Internet."
Before the bill can be made into a law and effectively block the increase, it will need to pass both the House and the Senate, and then signed by the President. Whether the bill will have enough time to complete its path before May 15th could mean the difference between success and failure.
Though the RIAA is a US organization, it has a lot of political ties that can easily expand borders and the copyright rules proposed will affect all stations. Those who refuse to pay the increase may not be subject to immediate reprisal if they aren't in the US, but pressure in the right places governmentally could easily change the rules of the game. Hopefully, the bill will prevent this from ever being possible.
Do you have a thought on the proposal? Tell us about it
in our forums.
In your face RIAA!! :D
If the bill was not to be passed I feel that a lot of online only stations will drop like a lead ballon, of which we would have the RIAA to thank for improving??!? sorry destroying!!! the media industry for many more of us around the world, outside of the US!.
/rant off.
If only they would use that innovation to think of new ways to get the masses the songs they want, the way they want for a reasonable price.
At least then everyone wouldn't hate them. As much. Maybe. :D
'Word-of-mouth' is the best marketing tool and it spreads quicker than wildfire. The only way to do this is to cut song prices in half in order to get a wider consumer base and then let the talking go from there. Seriously!, I would pay $0.30 for a song w/o DRM (along with 90% of the world), but that's it. Even $0.79 WITH DRM is ridiculous!
Internet Radio is the best, most affordable method for advertisng new songs which woudl give artists the ability to sell songs that otherwise wouldn't hit the radio, which would in turn profit companies under the RIAA. Internet Radio is a win-win in my opinion.
If this new law comes to place all its going to do is force internet radio down the same road as bittorrent etc. Using servers in countries that dont give a crap about copywrite law.