The reprieve extends the current terms until 2010, which means Net radio defined as “small” will NOT have to pay hugely increased royalties retroactive to 2006. But it also means small net radio can never grow and become larger. Plus, the largest of independent Net radio, like Pandora and Live365, might not qualify as “small” business and thus would have to pay the higher rates.
SaveNetRadio rejects the offer.
Here’s the answer: The Internet Radio Equality Act
(Hmm, since being “small” is based on revenue, I wonder if that is determined by net-based revenue or total revenue? Not that this would be easy to determine.
Great stations like WWOZ in New Orleans and KCRW in Santa Monica broadcast on the air as well as on the net, as do many others. The powerhouse that is KCRW can easily raise $1 million in a 10 day fund raiser, so I’m guessing they won’t be categorized as small, while WWOZ could be. Anyone know?)