Senate Bill to Save Web Radio?

(FMQB) New legislation was introduced today to the U.S. Senate, which could wipe out the Copyright Royalty Board (CRB) decision on Internet radio royalty rates. Senators Ron Wyden (D-OR) and Sam Brownback (R-KA) have introduced the Internet Radio Equality Act, which would vacate the CRB decision on increasing royalty fees. The bill would set a 2006-2010 royalty rate for webcasters at the same rate currently paid by satellite radio (7.5 percent of revenue). [see full story for more, also see the site for a story about a new proposed tax on regular "let's play the same lame 10 songs over and over again" radio] - Click here for the Full Story

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