Listen Here!

Giving your site a bit of sound? Royalty rates might change your tune.
Magazine Contributor
1 min read

This story appears in the January 2008 issue of Entrepreneur. Subscribe »

Thinking of outfitting your snazzy website with some tasty tunes? If you plan on streaming the music directly to your site, expect to pay royalty fees--currently averaging 65 cents per listener, per month. New rates and other fees, which have increased since last year, had online radio station companies and small webcasters up in arms last June, prompting them to hold a National Day of Silence and music suppliers to reconsider their rates. In November, new royalty rates were proposed that had companies breathing a little easier. While you won't face the same rates that large online stations do, keep in mind that royalty rates are expected to keep rising in the next few years. For royalty rate information and more, visit soundexchange.com.

loading...

More from Entrepreneur

We created the SYOB course to help you get started on your entrepreneurial journey. You can now sign up for just $99, plus receive a 7-day free trial. Just use promo code SYOB99 to claim your offer.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur