RIAA killed the webcasting star
(OK, bad, I know. I couldn't resist).
RAIN (Radio and Internet Newsletter) has a great overview of the Copyright Royalty Board's decision on Internet royalty rates from Friday. Short of it: everyone dies. Big ones (Pandora) crushed. Middle-size (Radio Paradise) double-crushed (why crush someone when you can double crush them, I guess.). Small fry (Live365 streams, etc.): at $500/year minimum, they'll probably just go away. Crazy.
Mad? Write your Congress-critter. OTOH...this could be a classic RIAA-shoots-self-in-foot-AGAIN, and another boost for Creative Commons-licensed music. (I personally really dig Magnatune, but find what you love!). It's sad, but maybe it's time.
Feh...go write that Congressperson. This is crazy!
posted by Ken Kennedy at Mar 7th 2007 11:02 p.m.
