Submission + - Copyright Royalty Board Terminates Internet Radio
An anonymous reader writes: News of the new Copyright Royalty Board (CRB) rates retroactive to January 1st 2006 have leaked out today.
The new rates amount to well over the total revenues of all internet radio stations.
If the new rates are allowed to stand, every United States based webcaster will immediately owe more in back licensing fees to SoundExchange than the combined total of all revenues they have ever received.
More details are on Kurt Hanson's website here: http://www.kurthanson.com/archive/news/030207/inde x.shtml