Webcaster Settlement Act: Implications
E-Commerce Law & Policy, Vol. 10, No. 11, November 2008
4 Pages Posted: 27 Apr 2009
Date Written: April, 27 2009
On October 16, 2008, the Webcaster Settlement Act of 2008 (WSA), the latest installment in the dispute regarding royalty fees for the webcasting of sound recordings, was signed into law by President Bush. The WSA removes the notice and approval requirements for parties executing a voluntarily negotiated licensing agreement defining the royalty fees and terms for streaming sound recordings over the Internet. The WSA may be the lifeline that webcasters need to escape the oppressive royalty fee schedule recently imposed by the Copyright Royalty Board.
Keywords: webcaster, copyright, webcast, copyright royalty
JEL Classification: K11
Suggested Citation: Suggested Citation