Internet radio stations seem to have won a stay of execution at the eleventh hour in their battle over royalty fees.
The US Copyright Royalty Board (CRB) had decided to increase rates for all web broadcasters in a move that threatened many smaller companies, especially as the charges were backdated.
Internet radio in the US has been under threat recently, after the US Copyright Royalty Board (CRB) endorsed a plan to retroactively raise the royalty fees paid by webcasters.
However, SoundExchange, the organisation responsible for collecting the royalties from internet radio services, has offered to reduce the rates paid by smaller webcasters.