Submission + - Reprieve for Internet Radio (wired.com)
Bourbon Man writes: At today's Congressional hearing about the new rates for online radio that would essentially destroy it, SoundExchange, which was scheduled to receive the new royalty payments on Monday morning made a startling statement.
The SoundExchange executive [Jon Simson, executive director] promised — in front of Congress — that SoundExchange will not enforce the new royalty rates. Webcasters will stay online, as new rates are hammered out.
The SoundExchange executive [Jon Simson, executive director] promised — in front of Congress — that SoundExchange will not enforce the new royalty rates. Webcasters will stay online, as new rates are hammered out.
