House Bill Would Set Internet Radio Royalties Equal to Satellite

[SUBMAN1]

This bill is even too exptreme in my book. My favorite stations would still be hard pressed to come up with the case neccesary. Of course this would be substantially less than before, but still up there!

-S

House Bill Would Set Internet Radio Royalties Equal to Satellite

By Scott M. Fulton, III, BetaNews

April 27, 2007, 1:58 PM

A bill introduced yesterday before the US House of Representatives by Rep. Jay Inslee (D - Wash.) and Rep. Don Manzullo (R - Ill.) would explicitly nullify the findings of the Copyright Royalty Board, which set forth last month a royalty fee for Internet streaming performances that online providers say could put them out of business entirely.
In its place, the Inslee/Manzullo bill, currently called the Internet Radio Equality Act, would establish a flat per-listener hour rate of 33 cents, or a third of a dollar for every individual who listens to music over the Internet for one hour. The rate would be retroactive to 2006, so the nation's #1 streaming music provider, AOL Radio, could find itself owing past-due royalties for last year in the amount of $916,000, by BetaNews estimates.

Read more here:

http://www.betanews.com/article/Hous...ite/1177696497