A possible (if not temporary) ray of hope is shining through!
Here's the letter Live365 sent broadcasters today...
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On March 21st, I wrote you regarding the initial ruling by the Copyright Royalty Board (CRB) announcing catastrophically high new royalty rates as well as a $500/year minimum per station. Despite the outcry of nearly all webcasters, the CRB denied the request for a rehearing and has proceeded with their original ruling.
In response to these new and unfair fees, Representative Jay Inslee (D-WA) introduced the Internet Radio Equality Act (HR 2060) on April 26th. This bill will provide immediate relief from the proposed new rates and can save thousands of Internet radio stations from going off the air.
Live365 and the other members of the SaveNetRadio Coalition fully support this proposal and are working diligently to see it turned into law. The next step is to line up cosponsors for HR 2060, but time is running short.