It looks like internet radio may be here to stay. It appears the two sides are still working out deals to take some of the burden off of the online stations. Plus, the industry has friends in government that are working to help them. Check out what Forbes.com has to say:
“Internet radio stations had warned that the increases would force many of them out of business. But with station supporters in Congress proposing legislation that would have greatly reduced the new royalty rates, agreements blunting the new rates’ impact appear likely.”
