May be coming sooner than you think. Internet Radio is going to be taxed out of existence. A new copyright that has been filed may push them out of
business.
By Brian Braiker
Newsweek
Updated: 9:15 a.m. ET April 30, 2007
April 30, 2007 - As you read these words on your monitor, there is a decent chance that you’re also streaming a little online radio. After all, with
an estimated listenership of approximately 50 million Americans per month, Internet radio has become a go-to destination for a fuller spectrum of
music, an alternative to FM’s mind-numbing monotony. And if you are one of those listeners, mark May 15 on your calendar: it might well be the day
that the music dies.
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Don't get me wrong here folks. I am all about the song writer, singer and band getting their royalties, but I can't stand the middlemen, that are
sucking the life out of new music, and new talent that tries to make it via the net.
Where does the arm of corporate greed end and a medium for new talent to emerge?
I am totally against those taxes on Internet Radio. As an aspiring artist, I know that Internet radio could potentially reach millions of people who
are looking for new bands on the rise.
With all of this happening, it's going to make things very very hard for alot of people who kinda rely on Internet radio.
Wow, And just as I was about to launch an internet radio station with some friends, well, I guess I will have to see what happens with the new taxes,
maybe they wont effect me.