Re:10.5% of the yearly revenue? (Score 1)

While the replies are correct here, there's something *major* that's been overlooked in the article they linked. The DiMA agreement actually makes a *huge* breakthrough for non-interactive streams and *excludes them* from having to pay license fees for the recordings. This allows stations that broadcast without interaction directly (ie - a shoutcast style station) to operate exactly like AM/FM stations and only pay royalties to the songwriters and not the the RIAA (Soundexchange). It's *great* news that I had trouble believing, but I went to the source: http://www.digmedia.org/content/release.cfm?id=7243&content=pr