Comment Re:How much will this really cost small webcasters (Score 3, Informative) 128
I believe that the $0.07/listener/song (70 cents per thousand listners per song) was the original flat rate; the new rate is a percentage of revenues:
"By a voice vote, the House approved a deal that would allow smaller "Webcasters" to pay a percentage of revenues or expenses to the musicians and record labels whose songs they use, rather than a flat per-song rate set by the Library of Congress (news - web sites) in June."
"By a voice vote, the House approved a deal that would allow smaller "Webcasters" to pay a percentage of revenues or expenses to the musicians and record labels whose songs they use, rather than a flat per-song rate set by the Library of Congress (news - web sites) in June."