By allowing small internet radio stations until 2010 to pay the more-than-doubled royalty rates, the SWSA would give these companies more time to develop their business. Being that internet radio is very young, it only makes sense; their business plans are immature and their revenue potential is not yet realized. As of now, many internet radio companies are not prepared to pay this inflated amount.
Tom Cheney, owner of idobi Radio, dares to say they never will be.
�Their proposal would only delay the current state of affairs,� said Cheney. Idobi Radio, an internet radio station that is well known for shows like Man of the Hour (hosted by Simple Plan�s Sebastian Lefebvre and Patrick Langlois of Role Model clothing) and DJ Rossstar�s Punk Rock Show, has been around for eight years and has thousands of devoted listeners.[see full story for more] - Click here for the Full Story
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