According to a recent decision by the US Copyright Royalty Board, webcast royalty rates will increase by 37.5% in 2007 and there will also be a $500 per station minimum fee.
So what does this mean?
Essentially, say goodbye to Pandora, Radio Paradise, Live 365, and pretty much any other internet radio station operating in the US.
But all is not lost. Last.fm is UK based, so they'll still be more than happy to host your shitty internet radio feed that nobody listens to. Cheerio.
http://www.kurthanson.com/archive/news/030207/index.shtml
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