Unless we do something about it now, Internet radio will cease to exist on May 15. The Library of Congress judges that oversee copyright statutory licenses have decided to enact a per play royalty model to replace the profit based royalty model that exists now. This causes a 1200% raise in royalty fees for small time radio broadcasters.

This is an atrocity that is sure to put just about every Internet radio broadcaster out of business and forcing radio fans back to the half dozen top 20 radio stations that FM has to offer. Here is an excellent article in Newsweek that features David Byrne . If you care about Internet radio, please check out Savenetradio.org to see what you can do.