Jan 3, 2012

Investors provide $50 mil for SoundCloud expansion

SoundCloud, a web start-up that combines audio production with social networking, raised $50 million in new venture capital, according to TechCrunch. Investors including Kleiner Perkins Caulfield & Byers and GGV Capital of Menlo Park, Calif., are backing a ramped-up expansion in the United States for the Berlin-based company.

NPR increases pay rates for outside producers

NPR and the Association of Independents in Radio unveiled a new payment structure for freelance contributors that provides a 7.5 percent increase to station-based and independent radio producers. The change, announced by interim news chief Margaret Low Smith to take effect immediately, includes a three-tiered compensation system and establishes standardized rates for tape syncs.

"NPR’s decision to increase rates, which comes at a time of tight budgets, is intended to reflect our commitment to the vital network of station-based and independent reporters whose contributions enhance our programming every day," Smith wrote in her Jan. 1 email.

It took nearly a year of negotiations with AIR and internal consultations within NPR to adopt the new rate system, according to AIR President Sue Schardt.

NPR has also agreed to create an online portal for outside contributors. "We believe this resource will serve to reinforce AIR and NPR’s mutual commitment to clarity, transparency, and to cultivating a broad and diverse pool of public media talent," Schardt wrote in an email to AIR members.