Senate Bill to Save Web Radio?

05/11/07
. (FMQB) New legislation was introduced today to the U.S. Senate, which could wipe out the Copyright Royalty Board (CRB) decision on Internet radio royalty rates. Senators Ron Wyden (D-OR) and Sam Brownback (R-KA) have introduced the Internet Radio Equality Act, which would vacate the CRB decision on increasing royalty fees. The bill would set a 2006-2010 royalty rate for webcasters at the same rate currently paid by satellite radio (7.5 percent of revenue). [see full story for more, also see the site for a story about a new proposed tax on regular "let's play the same lame 10 songs over and over again" radio] - Click here for the Full Story

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