SoundExchange temporarily halts Royalty Rate Increases.

[theEpiphany]

From savenetradio.org


I probably should have posted this earlier...but I've been a bit tied down lately.

Congress and SoundExchange have heard loud and clear the amazing outpouring of support for Internet radio from webcasters, listeners and the thousands of artists they support. A commitment has been made to negotiate reasonable royalties, recognizing the industry’s long-term value and its still-developing revenue potential.

During negotiations SoundExchange committed temporarily not to enforce the new royalty rates so webcasters can stay online as new rates are agreed upon.

This development is due in great part to the millions of people who have let their Congressional representatives know about their support of Internet radio. Over 125 representatives have cosponsored the bill to this point.

We urge listeners to continue calling their Senators and Representative to ask them to co-sponsor the Internet Radio Equality Act. Thank you.
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[daveypoo]

This is AWESOME NEWS!

Thank you to all the UAB members who took the time and effort to contact their govenment officals and support this initiative!
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When you're curious, you find lots of interesting things to do.
--Walt Disney

[jahosifatz]

And I can breathe one more day.