A Last-Ditch Effort to Save Internet Radio

SoundExchange, the organization that collects royalties for copyright owners in the music business, last week extended a compromise offer for Internet radio, PC Magazine is reporting. The compromise is aimed at “allaying the fears that sites like Pandora and Live 365, which offer multiple streams, would be forced out of business when the new fees go into effect later this month.”

Previously, the stations had to pay $500 each year per channel, regardless of the number of channels.

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