SoundExchange Realizes that Congress Is Going Cut Them a New One

I used to work at Jarvis Products corporation, and I worked on meat packing tools including the Bung Dropper.

It looks like this: , And it does this:

Here is the Youtube:


Yep, it literally cuts the animal a new asshole.

Sound Exchange decided to rape online radio stations, and now those stations have the US Congress's ear. This means that it's likely that they will get the deal that over the air radio has, which will lose them money relative to the status quo, so congress is poised to cut them a new asshole.

SoundExchange offers royalty compromise
By Austin Modine in Mountain View
Published Monday 2nd July 2007 23:15 GMT

Music industry taxman SoundExchange is offering a new deal to internet radio broadcasters who say upcoming royalty hikes will kill online broadcasting.

The proposed compromise puts a ceiling on the new set of hefty royalty rate hikes that takes effect July 15. Previously, the fee increase called for webcasters to be charged $500 per station per month in royalties. That would spell certain doom for stations such as Pandora and Live364 which offer thousands of streams over the internet.

Under SoundExchange's latest olive branch, royalties would be capped at $2,500 per service, regardless of the overall number of stations or channels they are streaming.

"The idea that the per-channel minimum might have a disproportionate impact on certain internet radio stations was never presented to the Copyright Royalty Judges," SoundExchange general counsel Michael Huppe said in a statement. "Nevertheless, at the request of Congress, we are trying to work with the small subset of affected webcasters, and are offering this proposal in the hopes of addressing those concerns."

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