Friday, April 27, 2007

A Reprieve For Net Radio?

"The Register reports that "Rep. Jay Inslee (D-WA) and Rep. Don Manzullo (R-IL) have headed the 'Internet Radio Equality Act,' which aims to stop the controversial March 2 decision which puts royalty of a .08 cent per song per listener, retroactively from 2006 to 2010 on internet radio," as imposed by a recent decision from the Copyright Royalty Board. "If passed, today's bill would set new rates at 7.5 percent of the webcaster's revenue — the same rate paid by satellite radio.""

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