Sunday, July 15, 2007. Remember that date if you're an Internet radio fan. It could be the day independent stations go offline. The RIAA wants its money, and it wants it by Sunday.
Earlier this year, the Copyright Royalty Board tripled royalty rates for Internet radio services and made the rate hikes retroactive to January 2006. Payment is due July 15.
Webcasters staged a
"The RIAA keeps saying that most webcasters are billion dollar companies, but with the exception of AOL, Yahoo and Real, most of the top-20 music webcasters are privately-held, independent operations. The RIAA is willing to let independent webcasters be the collateral damage in their battle to extract more control over the large webcasters."
Some have argued that those same large corporate presences have been dragging their feet in the fight, willing to let Sunday's deadline weed out competition. After that, they can begin waging lawsuits, a luxury smaller entities won't have.
The
Doomsday Approaches For Web Radio
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