A federal appeals court recently rejected a plea from webcasters to postpone the deadline for a new royalty scheme that sets the stage for SoundExchange to begin levying billions of dollars from internet radio stations in the coming decades. It already collects a tidy sum from satellite radio and now it has set its sights on U.S. terrestrial radio stations, which currently pay no broadcast performance royalties. If it wins there, its power could grow exponentially.
This reflects a well-known law of any bureaucracy: Once authority is created, it works inevitably to expand its sphere of influence, grabbing for more power and bigger budgets. With each success, its appetite only grows.
I won't rant about this today.
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