Playlist is reporting that a Bill has been introduced in Congress that my save Internet radio. The Copyright Royalty Board changed regulations for Internet broadcasters which forced commercial Internet radio stations to pay a higher flat royalty fee. The change was going to eat up to 60% of revenues for some smaller broadcasters which would put them out of business.
Reps. Jay Inslee (D-Wash.) and Don Manzullo (R-Ill.) filled the legislation that would override the CRB and keep things virtually status quo. This is a story to keep a close eye on.
