In the US, the Senate has been holding Judiciary Committee hearings on music royalties.
Is internet radio on track to be a $20 billion (that’s billion) advertising market, as claimed by John Simson of Soundexchange?
Or is internet radio a fledgling industry, likely to collapse under the burden of royalty payments imposed by the Copyright Review Board?
Pandora is the largest internet radio company with revenues of $25 million. $18 million of which will be paid in royalties to … Soundexchange. Continue reading Senate hearings on music royalties