New Royalty Fees to Kill Internet Radio?

According to an AP report, an appeal of a new royalty structure for music played through non-terrestrial radio, such as webcasting, was rejected by a panel of copyright judges. The new royalty structure, which will affect broadcast listened to by 50 around million people on major online sites such as Yahoo!, AOL, and National Public Radio

For the last five years, a federal law had allowed smaller Internet broadcasters to pay 12% of their revenue instead of having to calculate per-song, per-hour rates like larger companies had to.

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