Friday, July 13, 2007

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

I just spoke with Tim Westergren, founder of Pandora, and he told me a SoundExchange exec just promised -- in front of Congress -- that SoundExchange will not enforce the collection of webcaster royalties under the new rates that would have driven many of them out of business.

read more | digg story

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