The US Copyright Office has released their new set of rates for the payment of royalties by Internet Radio, and they ignored all of the facts presented by webcasters (including RP) and gave the record industry exactly what they asked for: royalty rates so high that they will put RP and every other independent webcaster out of business. See Kurt Hanson’s newsletter for 3/2/07 for the details on how the rates work and what they will mean to stations like RP. You can participate in the discussion about this issue in our Listener Forum.For some time, we’ve suffered with a system where we pay a large chunk (10%-12%) of our income to the Big 5 record companies – while FM stations and radio conglomerates like Clear Channel pay nothing. Now they want even more. In our case, an amount equal to 125% of our income.
And they were singin’
Bye bye, … aw fuck it