kuro5hin.org

kuro5hin.org: RIAA kills US-based Internet radio. “The statutory license for digital audio broadcasting (which includes Internet radio stations) proposed by the Copyright Arbitration Royalty Panel (CARP) has now gone through the Librarian of Congress, and is thus final. For a small radio station (such as SomaFM), with around 2000 concurrent listeners per day, the licensing fee is about $500 per day. Advertising revenue based on current rates and the same number of listeners would also be about $500 per day. Thus this means the death of Internet radio stations.”