... and if current global warming theory is wrong and we cool our planet down too much.
Ah well... I guess I can look forward to Britain hosting the Winter Olympics... Or maybe even Jamaica.
5 publicly visible posts • joined 30 Apr 2007
I'm guessing that the remixes may still be free. Bear in mind that the whole RIAA copyright thing will only apply to music which is by RIAA members, (or at least music that is copyrighted in the same way as RIAA members) your C64 and Amiga remixes may be by indie artists using a much more copyleft styled system which means Slay Radio would be unaffected by this bill or any other RIAA legislation.
The actual figures are 7.5 percent or 0.33 cents not 33 cents.
Lets take a radio station which makes $2000 per month in advertising
0.33 cents per listener per hour for a listener base of 500 would work out at $10,551.42 per year. If they took this option they would still have a little shy of $13,500 for running costs. They could save more by taking the option of 7.5% of income and pay $1,800 per year leaving them with £22,200. An average pop song lasts 4 minutes so with the original proposed rate of 0.08 cents per song per listener the same station would pay $52,560 with no alternative. So the proposed bill would give the company a SMALL profit. If the bill is not successful and the 0.08 cents per track per listener fee stands then the same company would run at a rough loss of $28,500.