Mike the newbie
07-06-2002, 12:32 PM
http://www.kurthanson.com/archive/news/062402/index.asp
Excerpt:
The voluntary royalty deal between Yahoo! and the RIAA that the Librarian of Congress announced as his template for the entire industry last week was a deal crafted by Yahoo! to shut out small webcasters and decrease competition, Broadcast.com founder and Dallas Mavericks owner Mark Cuban revealed to RAIN on Friday.
Although he had left the company by the time the deal was signed, Cuban explained in a "RAIN Reader Feedback" e-mail, printed in its entirety below, that the deal conceded a high royalty price to avoid a "percentage-of-revenue" royalty rate.
By doing this, Cuban explains, he hoped that low- revenue webcasters would be unable to compete against the well-funded Yahoo!
Cuban also explains that he wanted a per-stream deal because he intended to use "multicasting" technology to serve multiple listeners with a single stream and report only the initial streams to the RIAA!
Excerpt:
The voluntary royalty deal between Yahoo! and the RIAA that the Librarian of Congress announced as his template for the entire industry last week was a deal crafted by Yahoo! to shut out small webcasters and decrease competition, Broadcast.com founder and Dallas Mavericks owner Mark Cuban revealed to RAIN on Friday.
Although he had left the company by the time the deal was signed, Cuban explained in a "RAIN Reader Feedback" e-mail, printed in its entirety below, that the deal conceded a high royalty price to avoid a "percentage-of-revenue" royalty rate.
By doing this, Cuban explains, he hoped that low- revenue webcasters would be unable to compete against the well-funded Yahoo!
Cuban also explains that he wanted a per-stream deal because he intended to use "multicasting" technology to serve multiple listeners with a single stream and report only the initial streams to the RIAA!