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Webcasters Get Royalties Extension
Smaller Internet music broadcasters are getting an extension on copyright royalty payments that would have been due Sunday, which means they can avoid shutting down. The webcasters will still have to pay up to $2,500 each in fees by Monday. But that is far less than the tens of thousands of dollars that many of them would have owed. The extension, granted by the recording industry and performance artists Friday, came a day after the Senate recessed for the elections without approving copyright rate revisions negotiated between webcasters and the copyright holders. The changes, unanimously approved by the House earlier… Read more »