The music industry depends on radio stations to get their product – music – out to potential customers. The fledgling business of internet radio gets that music out to people who may not actually listen to the radio. Internet radio is nowhere near as profitable as broadcast radio.
Yet internet radio stations are facing dramatic increases in copyright costs to the same level as broadcast stations, in some cases more that the revenue they generate.
I can never understand the logic of getting your pound of flash while at the same time killing off a marketing channel and the revenue that current comes from it. Isn’t it better to have some listeners and some money, than no listeners and no money? These folks aren’t going to run out to buy radios.
Some online broadcasters have launched SaveNetRadio to try to fight the decision,but it seems that at this point only Congress can intervene.
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