Friday, July 13, 2007

A reprieve for webcasters!

Posted last night:

At today's Congressional hearing about the new rates for online radio that would essentially destroy it (as readers of this blog already know), SoundExchange, which was scheduled to receive the new royalty payments on Monday morning (since the enforcement date falls on a Sunday), made a startling statement.

More importantly:
[Tim Westergren, founder of Pandora] said everyone who called their Congress person about this should feel that they had an effect on the process: "This is a direct result of lobbying pressure, so if anyone thinks their call didn't matter, it did. That's why this is happening."

Now we will see what happens. Apparently the Copyright Royalty Board has been cut out of the loop by their own inane behavior. This, in my opinion, is a good thing.

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