Internet radios: light at the end of the tunnel
Web radio stations live to fight another day. The House of Representatives has unanimously passed a bill that Web radio stations have painted as life or death for their services. The Webcaster Settlement Act, which would allow Internet radio stations to negotiate with the music industry for a royalty rate lower than what Congress mandated last year, passed the House by a voice vote on Saturday. Proponents of the bill had predicted a close vote. Tim Westergren, founder of Net music service Pandora, said he was elated about triumphing in the House, which came after traditional radio broadcasters withdrew their opposition.
Dennis Wharton, a spokesman for the National Association of Broadcasters, said Saturday night that Rep. Howard Berman (D-Calif.) had met with representatives of the group and addressed some of their concerns. As a result, the NAB dropped its opposition in the House and will not oppose the bill when it moves to the Senate for a vote, either Sunday or Monday. Webcasters are fighting for the right to negotiate with the music industry to reduce the royalty rates they must pay to stream music over the Web. Any deal must be approved by the federal government. Congress is expected to adjourn on Monday, and the Webcaster Settlement Act enables Internet radio stations to reach an agreement with the music industry while Congress is out of session.
Source: CBS
Comments(8)
This is new to me :O
Internet is not fun anyway.
owned.
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http://www.nowlive.com/show/SyndicateRadio-tv
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this is good news.
I didn’t want to lose hearing great net-radio stations.
Long live internet radio!
i love pandora. shame on them.
freeee ttthhheeee muuuusssiiicccc