From the SomaFM website:
“The Copyright Royalty Board, a three judge panel responsible for the March 2nd ruling that set webcast royalties at their new increased rate, has denied all parties’ motion for rehearing of the ruling on procedural grounds.”
From Shoutcast.com:
“The Copyright Royalty Board in Washington, DC has more than tripled the royalty rates for webcasters and if left unchanged they will *KILL* Internet radio. These exorbitant rates go into effect on May 15, less than a month from now (retroactive to Jan 1, 2006!). Without Congressional action the majority of webcasters will go bankrupt and silent on this date.”
Please contact your congressman to reverse this injustice on the part of major record labels and RIAA by going here: http://www3.capwiz.com/saveinternetradio/home/
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