Earlier this week we heard news that the survival of internet radio stations was in jeopardy. Well it appears that they now have a 2 month reprieve:
The Copyright Royalty Board is postponing higher royalty payments for Internet radio broadcasts by two months. The payments which are retroactive to the start of 2006 will now be due on July 15th instead of May 15th.
Although, it's a bittersweet announcement, Internet radio stations have 30 days to appeal the board’s decision in federal court. Will this be the end of the road for small net radio operators who have vowed to appeal the higher royalty payments?