news
09-26-08, 11:47 AM
“We're approaching a pull-the-plug kind of decision,” says Pandora founder Tim Westergren in an interview with the Washington Post, regarding the livelihood of his online radio station living under a massive royalty hike imposed last year. “This is like a last stand for webcasting.”The rates that Westergren refers to were placed in effect last September by the Copyright Royalty Board and performance rights organization SoundExchange, who enforce and collect payments, respectively, on behalf of song owners ...
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