http://biz.yahoo.com/ap/070319/internet_radio.html?.v=1

Also at http://www.wbt.com/news/detail_ap.cfm?ap_id=D8NVSA6O0

and at http://www.businessweek.com/ap/financialnews/D8NVSA7G0.htm

(AP links tend to die off)...

In summary, broadcasters and webcasters big and small are apparently set to fight this thing tooth and nail. 

Soundexchange, though, made the most foolish statement, claiming that "rapid growth in advertising revenues from online music broadcasting would more than allow webcasters to cover the new fees."

"SoundExchange pointed to research finding that those ad revenues grew from $50 million in 2003 to $500 million last year."

Except the number of webcasters grew far more than ten times, didn't it....

 

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