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Sunday, The Beginning of the End for Internet Radio

post #1 of 34
Thread Starter 
Quote:
Increased royalty fees may force some internet radio stations to shut down

Quote:
Working closely with Congress, SoundExchange has successfully convinced the industry that increased royalties are a necessity. The D.C. Circuit Court of Appeals has declined to put a stop on increased royalties. This Sunday, Internet radio stations will be slapped with a bill forcing them to pay higher royalties going forward and pay for music aired in 2006. By 2010, royalty rates will nearly triple what stations currently pay. Stations will also incur an annual fee of $500, but the annual fee hasn't been fully worked out. SoundExchange is unsure if it wants stations to pay $500 per station or per channel.
I love internet radio, if you all paid attention to my sig maybe this wouldn't have happened{j/k}
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No Need to Argue!
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No Need to Argue!
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post #2 of 34
Oh no
How's that PSU treatin you?
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Mighty-iTX
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post #3 of 34
It's a tough market for internet radio. What with mp3s and ipods, Xm and Sirius, normal CD's, cable television, and oh yeah, normal FM/AM and HD radio. I for one wont be losing any sleep over this...and aside from a few people here, I doubt anyone else will.
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post #4 of 34
nuuu i loved Chronix Aggression =(
    
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post #5 of 34
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post #6 of 34
Only internet radio i ever listened to was local radio stations broadcasting over the air and internet.
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post #7 of 34
post #8 of 34
This sucks, horribly.
post #9 of 34
Quote:
Originally Posted by dskina View Post
This sucks, horribly.
I cannot agree with you more... RIP Digitally Imported.
    
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post #10 of 34
Quote:
Originally Posted by Lemondrips View Post
nuuu i loved Chronix Aggression =(
You listen too? Awesome. Sucks about the radio, though. ChroniX is the best.
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