“Independent Webcasters are bracing for a final ruling on a royalty rate for Net radio, a decision that could determine the fate of hundreds of small online radio stations. The Librarian of Congress is expected to announce a “final determination” on Webcasting fees Thursday, having last month rejected (older story) royalty rates proposed by a federal arbitration panel. The U.S. Copyright Office and the Librarian of Congress appointed the Copyright Arbitration Royalty Panel (CARP) last year to set compulsory Webcasting rates after the industry reached an impasse. CARP had recommended that Webcasters pay record companies a fraction of a cent for each song they stream to an online listener…”
Click here to read the full CNET News.com story.
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