No doomsday for Net radio...yet
Looks like there's been a truce in the fight over Net radio.
After threatening to impose per-song performance royalties on Net radio stations, which could have increased costs for some Net broadcasters by hundreds of millions of dollars, royalty collection agency SoundExchange offered to delay the new royalty payments until 2008.
Savenetradio.org, a coalition representing Internet radio broadcasters, rejected that previous offer, saying that the threat of drastically increased fees in 2008 was little better than the July 15 deadline, as it would staunch any investment into Net radio. An eleventh-hour court appeal failed, and it looked like … Read more
