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Broadcasters and Recording Industry Agree

Broadcasters and Recording Industry Agree

An agreement between commercial radio broadcasters and the recording industry regarding Webcasting copyright royalty rates for sound recordings should become public late this week when the U.S. Copyright Office publishes it in the Federal Register.
Word of the agreement leaked out when the Copyright Office published a notice last week granting a one-week extension for filing written direct royalty cases.
If the agreement is accepted by the Copyright Office, it will leave only non-commercial Webcasters without a voluntary agreement with the recording industry. The lame-duck 107th Congress gave the non-commercial group until June 30 to negotiate its own agreement, suspending royalty payments until that time.