Internet Radio Gets Another Reprieve
The saga continues. Wired’s blog The Listening Post reports that Internet radio continues to broadcast, despite yesterday’s (July 15th) deadline for the new royalty standards to take effect.
Here’s the official update as per blogger Eliot Van Buskirk: “Pandora, Live365, and other webcasters that offer a multitude of streams tailored to their listeners’ taste won’t be thrown under the bus by the minimum per-station fees charged by the new royalty rates. Webcasters with a large number of individualized streams would owe a maximum of $50,000 per year for that privilege.
“Although
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in