The future of Internet radio is in immediate danger. The Copyright Royalty Board in Washington, DC has more than tripled the royalty rates for webcasters and left unchanged they will kill Internet radio.The new royalty rates are irrationally high, more than four times what satellite radio pays, and broadcast radio doesn't pay these at all. These exorbitant rates go into effect on May 15 (retroactive to Jan 1, 2006!). Without Congressional action the majority of webcasters will go bankrupt and silent on this date.Help save netradio - and services such as Pandora, Last.fm, and FineTune. Sign up! 
Monday, April 30, 2007
The future of Internet radio is in immediate danger. The Copyright Royalty Board in Washington, DC has more than tripled the royalty rates for webcasters and left unchanged they will kill Internet radio.The new royalty rates are irrationally high, more than four times what satellite radio pays, and broadcast radio doesn't pay these at all. These exorbitant rates go into effect on May 15 (retroactive to Jan 1, 2006!). Without Congressional action the majority of webcasters will go bankrupt and silent on this date.Help save netradio - and services such as Pandora, Last.fm, and FineTune. Sign up! 
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European to pay the price - check it out here http://ferro-thomsen.blogspot.com/2007/05/royalty-increase-for-us-based-netradio.html
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