The Devil's in the Details
or the Ongoing Saga of Internet Radio and RIAA

It appears someone has grabbed the webcasters and RIAA representatives by the scruff of the neck, thrown them into a conference room and told them to "negotiate a fair settlement or else."  Rep. James Sensenbrenner (R-WI) who chairs the House Judiciary Committee and sponsored Bill HR5469, has pulled the bill from the voting schedule.

Rumors have it the two groups are finally talking about a deal based on a percentage of webcasters' revenues vs. the per-play model. If an agreement is reached it will over ride the Library of Congress' original webcast royality arrangement, which would virtually run out all internet radio stations out of business and straight into bankruptcy. [More as this is developing.]

Humor Here: It appears the Onion has decided to take on Hilary Rosen of the RIAA and the DMCA issue in their own way by suing radio stations for giving away free music.  Ha-Ha!

2:59:41 PM