Monday, July 16, 2007

Internet Radio Lives On, But Yahoo and AOL Must Pay Up

From Media Post - INTERNET RADIO HAS SURVIVED...FOR NOW, at least. Smaller radio Webcasters, which were most threatened by the greatly increased royalty fees officially due yesterday, were expected to continue streaming. The SoundExchange collection organization apparently agreed on Friday to at least hold off on suing them for non-payment while negotiations continue.

Larger radio Webcasters were another story, however, as SoundExchange Executive Director John Simson stated: "We do expect commercial Webcasters like Yahoo and AOL to pay the new royalty rates set by the CRB [Copyright Royalty Board]." | Read full article

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