Proposed House Bill Kills Internet Radio Royalty Rate Hike

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… » 4/27/07 5:44pm 4/27/07 5:44pm