I’m usually not one to sign internet petitions, but it does really seem like internet radio is in serious trouble here. I listen to a lot of it and I’d hate to see it die.
On March 2, 2007 the Copyright Royalty Board (CRB), which oversees sound recording royalties paid by Internet radio services, increased Internet radio’s royalty burden between 300 and 1200 percent and thereby jeopardized the industry‚Äôs future.
Without a doubt most Internet radio services will go bankrupt and cease webcasting if this royalty rate is not reversed by the Congress, and webcasters‚Äô demise will mean a great loss of creative and diverse radio. Surviving webcasters will need sweetheart licenses that major record labels will be only too happy to offer, so long as the webcaster permits the major label to control the programming and playlist. Is that the Internet radio you care to hear?
Read more about it at SaveNetRadio
Sign the petition (you can have it autofaxed, sent as a printed letter, or as an email)