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	<title>Digital Daily &#187; songwriters</title>
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	<description>by John Paczkowski</description>
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		<title>Steve Ballmer: Tenacious B</title>
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		<pubDate>Thu, 01 May 2008 17:59:00 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<title>Perhaps You Could Stream Those Back Royalties Over the Internet as Well</title>
		<link>http://digitaldaily.allthingsd.com/20080501/ascap/</link>
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		<pubDate>Thu, 01 May 2008 16:42:07 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<description><![CDATA[Seems AOL and Yahoo were a bit off on their estimates of the back royalties they owe music composers, writers and publishers for streaming their work over the Internet. The two companies had proposed paying just $632,879 and $889,402, respectively, in 2006 royalites to the American Society of Composers, Authors and Publishers. Yesterday, a federal [...]]]></description>
			<content:encoded><![CDATA[<p>Seems AOL and Yahoo were a bit off on their estimates of the back royalties they owe music composers, writers and publishers for streaming their work over the Internet. <a href="http://ap.google.com/article/ALeqM5gcvi551LWwAZf1spACWYtfzJNCfQD90CIS086">The two companies had proposed paying just $632,879 and $889,402</a>, respectively, in 2006 royalites to the American Society of Composers, Authors and Publishers. Yesterday, <a href="http://blog.wired.com/music/2008/05/music-publisher.html">a federal court ruled that what the two really should pay is $5.95 million and $6.76 million</a>, respectively.</p>
<p>Under the terms of  the court&#8217;s order (<a href="http://www.ascap.com/press/2008/pdf/ratecourtdecision.pdf">PDF</a>), AOL (TWX), Yahoo (YHOO) and RealNetworks (RNWK) as well must pay ASCAP<br />
2.5% of their streamed-music revenues between 2002 and 2009. That could amount to as much as $100 million for ASCAP and its membership.</p>
<p>Quite a windfall and one that ASCAP was quick to ballyhoo. &#8220;The Court&#8217;s finding represents a major step toward proper valuation of the music contributions of songwriters, composers and publishers to these types of online businesses&#8211;many of which have built much of their success on the foundation of the creative works of others,&#8221; <a href="http://www.ascap.com/press/2008/0430_ratecourtdecision.aspx">said Marilyn Bergman, president of ASCAP</a>. &#8220;It is critical that these organizations share a reasonable portion of their sizable revenues with those of us whose content attracts audiences and, ultimately, helps to make their businesses viable. This decision will go a long way toward protecting the ability of songwriters and composers to be compensated fairly as the use of musical works online continues to grow.&#8221;</p>
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