Webcaster Settlement Act Moves Forward

The U.S. House Judiciary Committee yesterday passed and sent on to Congress the Webcaster
Settlement Act of 2009 (H. R. 2344).

The new bill is the latest attempt by webcasters to get a royalty structure that they can live with and would give them 30 days to renegotiate with SoundExchange. The previous bill gave the two parties until February. But agreements were not reached with several types of internet broadcatsers including "pureplay" or web only broadcasters, small
commercial webcasters, and religious broadcasters.

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