Washington - SoundExchange, the independent entity set up by the major labels to collect and distribute digital music royalties, responded to criticisms from small and large webcasters alike that the royalty rates recently announced by the Copyright Royalty Board (CRB) are too high by calling the decision-making process "fair."

"The decision was a balanced, well-reasoned opinion that considered all sides of the issue," SoundExchange said in a statement.

"Recent claims by a few webcasters that the process was unfair simply reveal that their complaints are not really about process, but rather about results," said SoundExchange executive director John Simson.

"Webcasters like AOL, Clear Channel, and others want to impose low rates on artists, rather than accept fair market rates as the law requires. They may disagree with the ruling, but they should be forthcoming about the integrity of the process."

The Digital Media Association, which represents webcasters, radio giant Clear Channel -- which simulcasts its signals online -- and National Public Radio have all asked the Copyright Royalty Board for a rehearing of its decision; the CRB said earlier this week that it will consider their proposals.

Related Links:
http://www.soundexchange.com/documents/decision_summary.pdf

http://www.loc.gov/crb/proceedings/2005-1/rates-terms2005-1.pdf