Online Radio Is Saved; SoundExchange Will Not Enforce New Royalty Rates
I just spoke with Tim Westergren, founder of Pandora, and he told me a SoundExchange exec just promised — in front of Congress — that SoundExchange will not enforce the collection of webcaster royalties under the new rates that would have driven many of them out of business.
Great news for internet radio, and it makes me glad that I actually took the time to call my senators and representative yesterday.
Posted in Internet |
July 2nd, 2010 at 9:32 am
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