AJC Radio Blog: Internet radio stations doomed?

Radio Talk by Rodney Ho at AccessAtlanta: "The U.S. Copyright Office last week released new performance royalty rates for Internet radio based on number of listeners. The totals as calculated by Radio and Internet Newsletter indicate that most Internet radio stations, from Yahoo to Pandora to AOL, could disappear because the royalty rates are simply too high for the amount of revenue stations receive per listener. The rates are retroactive to last year and AOL alone would owe $20 million, far more than the revenue it receives from its streaming radio stations."