CPB reaches SoundExchange pact

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SoundExchange and CPB finally have an agreement on Internet performance royalties to be paid to artists and copyright holders. The agreement sets royalties to be paid by CPB for the noncomm pubradio system for streaming music on their websites from Jan. 1, 2005, through Dec. 31, 2010. The pact covers some 450 pubradio webcasters, including CPB-supported stations, NPR, NPR members, NFCBroadcasters members, APM, Public Radio Exchange and PRI. Details on the Broadcast Law Blog.