New Net Radio Royalty Compromise Sorta Finished, Sorta Sucks

After being saved by a near-miraculous act of Congress » 11/06/08 8:40pm 11/06/08 8:40pm, net radio operators are busy negotiating new rates with royalty-collection mobsters SoundExchange that hopefully won't put them out of business. Pandora CEO Tim Westergren says that while the final deal isn't expected until next year, “the hard stuff has been…

Pandora Internet Radio Can't Take Royalty Rates, Will Likely Close the…

Pandora, the internet radio station built around your tastes, will probably be going out of business soon. After getting slapped by the CRB » 8/17/08 4:00pm 8/17/08 4:00pm with exorbitantly high royalty rates to continue playing music, says the company is facing a "pull-the-plug" situation. There's one congressman trying to help Pandora and it's…