SoundExchange, NPR and CPB have reached a five-year agreement on royalty rates for public radio stations that stream their programming.
The terms have not been released.
It follows a similar agreement struck with College Broadcasters Inc. last fall.
If adopted by the Copyright Royalty Board, the deal that covers CPB-funded public radio stations would cover the years 2016–2020.
SoundExchange President/CEO Michael Huppe says the agreement “recognizes the unique circumstances and missions of these organizations, and compensates the creators of the music used in their programming.”