Tuesday, October 01, 2002

Now You See It, Now You Don't

A bill to postphone royalty payments by web broadcasters for six months has been shelved as quickly as it arose. The Bill was introduced (pdf) on September 26th. It was withdrawn in response to the news that an agreement might be reached between the recording industry and webcasters by Friday. Rumor has it that smaller internet operations would pay a smaller rate than proposed under the present royalty terms.