Online Radio Is Saved; SoundExchange Will Not Enforce New Royalty Rates on Sunday

I use Pandora often at work, so I must say I’m glad to hear this isn’t happening to the full extent. It seems there will still be royalty fees, but they won’t be the insultingly ridiculous price. Hopefully this allows most of the companies to stick around & prosper.

Wired

The SoundExchange executive [Jon Simson, executive director] promised — in front of Congress — that SoundExchange will not enforce the new royalty rates. Webcasters will stay online, as new rates are hammered out.

tagged with

Related Posts