May 31, 2016
SoundExchange believes, respectfully, that the webcasting rates set by the Copyright Royalty Board (CRB) in the Web IV proceedings do not reflect a fair market price for music and will erode the value of music in our economy. We are therefore moving forward with an appeal to the decision.
This is a lengthy, deliberate process and we are our unwavering in our position that all creators deserve fair compensation each and every time their music is used on any platform. We look forward to making our arguments on behalf of artists and record labels to the D.C. Circuit.