The webcasting royalty rates have been announced for 2016 and later. The new rates aren’t currently feasible for the Christmas Music 24/7 network of stations to continue broadcasting after December 31st, 2015. I’m not sure what will happen, or how I’ll adapt things, if I even can. But I’ll let you know what happens.
The new rates for 2016 are $0.0017 per song per listener. So right now I have a total of 1,133 listeners. That would cost me $1.93 in royalties. Multiply that times 14 songs per hour, that is $26.97 per hour in royalties. This network of stations doesn’t earn anywhere near that amount of money. Of course, that amount is lower at night when there are only a few hundred listeners, and higher in the middle of the day when there are closer to 2,000 listeners. I’ll put some more specific historical data together later. Apparently, SoundExchange is going to give some information out next week on how small webcasters may be able to be managed in the future, but that is really the only hope available right now. The other long shot is going back to Congress and asking them for relief, like we did years ago with the Small Webcasters Act.
Thank you for your support over the past 11+ years. Mike