Last updated: February 21, 2008 - 7:03am
DEADLINE FOR MUSIC WEBCASTERS TO START PAYING HIGHER ROYALTIES IS POSTPONED
[SOURCE: Associated Press]
Internet radio broadcasters caught a break in their struggle against higher music royalties as a deadline for paying fees under the new system was postponed by two months, to July 15. According to the final ruling of the Copyright Royalty Board, a panel of three judges that determined the new rates, the first fees are no longer due on May 15, something that many smaller Internet radio companies said would force them out of business. The delay was disclosed on Tuesday when the board's decision was officially published in the Federal Register, according to David Oxenford, a lawyer representing many of the Webcasters. That also started a 30-day clock within which Webcasters can file a notice to appeal the decision in federal court, something they have said they plan to do.
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