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Pandora and Other Webcasters Saved by Act of Congress
Today the otherwise preoccupied Senate quickly passed the Webcaster Settlement Act many of you petitioned for, granting Pandora and other net radio services the right to negotiate royalties with the record industry's SoundExchange coalition for the years 2006 to 2015. OK, that's a mouthful—what it means is, they will likely not be driven to bankruptcy due to unreasonable royalty rates. More »