ASCAP scores another legal victory. The American Society of Composers, Artists and Performers, or ASCAP now stands to collect some US$100 million from Webcasters like Yahoo, AoL and Real Networks for streaming their music online.
ASCAP- the largest union of musicians and composers in the USA- has been hounding the online groups for paying them for the music streaming. The courts have now to award them said payment from 2002 to today.
Last year, webcasters were already ordered by courts to cough up cash to pay recording companies, so this development is really just bad news for anyone running an internet radio station.
Well at least those playing commercial music. I say it's time we check out the thousands of other great independent artists out there, and look into the more interesting podcasts.
What do you think?
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