According to the BBC, a ruling by the Copyright Royalty Board could spell the end of internet radio in its current form as broadcasters will be forced to pay almost double what they currently pay per track by 2010. Insiders say the ruling was influenced heavily by the record companies.
As a regular listener to 1.fm this is not good news. Once again, the corporate bigwigs have decided they aren’t getting enough in their salaries and have put their considerable weight behind a ruling body to do something about it. Don’t they realise the exposure their music gets by being played on the these online radio stations?
I can see online radio dying a death, just like Napster…
