Internet Radio Stations breathe a collective sigh
More information: http://news.cnet.com/8301-1023_3-10052966-93.html
On Saturday, the National Association of Broadcasters withdrew their opposition to the Webcaster Settlement Act, currently under consideration in the US House of Representatives. As a result, the bill passed in the House by a unanimous vote.
The Webcaster Settlement Act would allow Internet radio stations to negotiate with the music industry for a lower rate than Congress mandated last year.
Tim Westergren, founder of Net music service Pandora, said he was
elated about triumphing in the House, which came after traditional
radio broadcasters withdrew their opposition.
Dennis Wharton, a spokesman for the National Association of
Broadcasters, said Saturday night that Rep. Howard Berman (D-Calif.)
had met with representatives of the group and addressed some of their
concerns.
As a result, the NAB dropped its opposition in the House and will not
oppose the bill when it moves to the Senate for a vote, either Sunday
or Monday.
Long Live Internet Radio!
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