Internet Radio saved – for now

Over at our sister blog, Read/WriteWeb, Josh Catone reports: “Net radio broadcasters have reached a deal with SoundExchange, the group that collects royalty fees for record labels, that will put a $50,000 cap on royalties for individual broadcasters. The cap will apply to broadcasters as a whole. Individual channels will be subject to a $500 minimum, but services like Live365 and Last.fm that broadcast thousands of channels will only pay up to the $50,000 ceiling.”

Continue reading “Internet Radio saved – for now” over at Read/WriteWeb ยป

last100 is edited by technology journalist and consultant Steve O'Hear. Aside from founding last100, Steve has written for numerous publications, including The Guardian, ZDNet, ReadWriteWeb and Macworld, and also wrote and directed the Silicon Valley documentary, In Search of the Valley.

  • Good deal - though it would be better if SoundExchange would just use more reasonable rates.
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