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The recording industry appears to be changing its tune, now offering to defer hefty new royalty rates for smaller Internet radio stations that might otherwise be forced to tune out due to high costs. However, it doesn’t appear the proposed new price structure has won over any fans in the opposition’s corner. SoundExchange, the organization responsible for collecting and distributing royalties from Internet and satellite radio operations, proposed Tuesday to give those with annual revenues of $1.25 million or less a substantial break in fees.

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Original post by Tim Gray and software by Elliott Back

Posted by on Wednesday, May 23rd, 2007


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