Proposed House Bill Kills Internet Radio Royalty Rate HikeS

A new bill in the House sponsored by Reps. Jay Inslee and Donald Manzullo, dubbed the "Internet Radio Equality Act," would neuter the CRB's much-maligned royalty rate hike, setting rates at 7.5 percent of revenue—the same rate satellite radio broadcasters are charged. The new rate would be in effect from 2006 to 2010 and would be assessed according to the same standards as satellite radio.

Since the CRB's new rates go into effect on May 15, let's hope that the bill can make its way through Congress more quickly than legislation typically does, so Internet radio broadcasters don't get slammed by the CRB's exorbitant fees. Here's an easy way to get a hold of your representative to tell them to save Internet radio and get the legislative juices flowing.

Bill Could Save Internet Radio [Broadband Reports]
Press Release [House of Representatives]
Image via Flickr