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[News] [SOT] Temporary Haven for Net Radio from the Mafiaa

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US politicians back Act to save internet radio

,----[ Quote ]
| A law that could save internet radio stations from having to make payouts 
| they claim will cripple them has been approved by the US House of 
| Representatives and is expected to pass into law.  
`----

http://www.theregister.co.uk/2008/09/29/internet_radio_act/


Recent:

Internet radio strikes deal with music Mafiaa

,----[ Quote ]
| Previously, online radio stations would pay $0.000768 for each copyrighted
| tune they played, but in 2007 the US Copyright Royalty Board (CRB) tried to
| increase that figure by up to 1,200 per cent, which sent many a well-loved
| wibblecaster scurrying for the hills.
`----

http://www.theinquirer.net/gb/inquirer/news/2008/09/24/internet-radio-strikes-deal


The Internet Radio Death Watch

,----[ Quote ]
| Don't forget, vast illegal file-sharing networks are still operating just a
| few clicks away. The RIAA's legal Whac-A-Mole has barely slowed them down. If
| this unfair royalty scheme kills off legal, legitimate businesses like
| Pandora and the recently shut-down Muxtape, those users will simply go
| somewhere else. And that destination is more likely to be BitTorrent than a
| record store. The record industry may think it is killing off Internet radio,
| but it's merely opening Pandora's box.
`----

http://www.pcmag.com/article2/0,2704,2328508,00.asp


Pandora Reaching Its Epilogue?

,----[ Quote ]
| Many are predicting the upcoming demise of the company as a result of a
| federal panel ruling ordering them to pay twice the royalties to artists that
| ^^^^^^^^^^^^^^^^^^^^
| they already were.
`----

http://www.webpronews.com/topnews/2008/08/18/pandora-reaching-its-epilogue


Pandora can't make money, may pull the plug

,----[ Quote ]
| Buckling under the weight of the Internet radio royalty hike that
| SoundExchange pushed through last July, Pandora may pull its own plug soon.
| Despite being one of the most popular Internet radio services, the company
| still isn't making money, and its founder, Tim Westergren, says it can't last
| beyond its first payment of the higher royalties
`----                             ^^^^^^^^^^^^^^^^

http://arstechnica.com/news.ars/post/20080818-pandora-cant-make-money-may-pull-the-plug.html


Royalty fee 'to damage net radio'

,----[ Quote ]
| Hundreds of US net radio stations face potential closure from Monday when
| they will be expected to comply with a new royalties ruling for playing
| music.
|
| Smaller stations face a payment increase of 1,200% while larger station could
| owe up to 300% more, lobby group SaveNetRadio has said.
`----

http://news.bbc.co.uk/1/hi/technology/6896152.stm
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