July 13th, 2009
Internet radio has been saved.
…after a two-year battle, record labels and online radio stations agreed on new royalty rates that cover music streaming, The New York Times’s Claire Cain Miller reports.
Many of the music sites had argued that the old rates were so high that they were being forced out of business. That could have come back to haunt the record labels, since for many people the sites are becoming a useful way to discover music.
I personally don’t listen to Internet radio – do you? Which stations? How much are you willing to pay?