Sharply higher royalty rates for Web radio stations went into effect over the weekend, but negotiations are continuing between station owners and the recording industry to reach agreements that could greatly soften the impact of the new rates.
Thanks to these efforts and mounting pressure from congressional lawmakers, the Internet radio industry no longer appears likely to face the premature death that supporters had warned was imminent under the new rates.
WeRockYourWorld.Com Reveals the Source
Monday, July 16, 2007
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