The Copyright Royalty Board (CRB) delivered a severe blow to Internet Save 15% on Your Next Domain Purchase. Click Here. radio operators Monday when it upheld its earlier decision regarding royalty rates that must be paid to artists for music played online.The result is -- unless Congress intervenes -- royalty rates webcasters must pay will increase on May 15 between 300 and 1,200 percent, retroactive to January 2006. As a result, "the very large majority of Internet radio stations will go bankrupt," Jonathan Potter, executive director of the Digital Media Association (DiMA), told TechNewsWorld.
Source: technewsworld.com
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