SoundEx touts digital royalty deal

September 19, 2007 The performance-rights organization set up to collect digital performance royalties for artists and the record label trumpeted a deal it made with a handful of small webcasters on Tuesday. While the deal with SoundExchange and two-dozen webcasters indicates progress on the politically sensitive issue, it also shows as much resistance as acceptance. Under the deal, qualified small commercial webcasters -- those that earn less than $1.25 million a year -- would pay a royalty fee between 10% and 12% of revenue.

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