Internet Radio Bill Passes House

Law360, New York (September 29, 2008, 12:00 AM EDT) -- A bill to allow Internet radio stations to negotiate with the music industry for lower royalty rates has unanimously passed the U.S. House of Representatives.

The Webcaster Settlement Act, which Internet radio providers such as Pandora Media Inc. had argued was necessary to keep their businesses afloat, passed the House by a voice vote on Saturday.

The bill passed after traditional broadcasters withdrew their opposition; according to news reports, Rep. Howard Berman, D-Calif., swayed the National Association of Broadcasters by meeting with the group to address...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.