Save music on the Net
The proposed increase is an increase in royalties from anywhere between 300%-1200%. If it passes, it will go into effect on July 15, and the royalty payments will be retroactive to January of 2006. This back payment that will be required will amount to potentially hundreds of thousands of dollars, money many smaller Internet-only radio stations simply do not have. Even many larger terrestrial radio stations with advertisers who also stream online are considering pulling their Net streams because they feel that the price hike is just too much.
So, check out the link in the banner below for more information.