Feds cut Webcasters a break on fees

“Federal copyright regulators on Thursday set new royalty rates for online radio companies, halving previously proposed fees that had drawn bitter criticism from Net companies. Under the new rates, Web companies would pay 0.07 cent, or about a fourteenth of a cent, every time they played a song online for a single listener. Radio stations would pay the same amount when they put their music programming online. Even with the dramatic drop in fees, Webcasters said the decision could cripple many businesses…”

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