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Web radio has become nearly as popular, if not more so than regular AM/FM in the past few years, and is extremely successful. Unfortunately, due to a recent increase in royalties, web radio is being threatened to extinction. The Copyright Royalty Board (CRB) is paying musicians and record labels a higher percentage of royalties for streaming songs online and this is devastating small and medium independent broadcasters.

SoundExchange, the company formed by the recording industry to collect performance royalties, say rates will double in the 2007-2008 years. This is going to put many small businesses in jeopardy with the possibility of bankruptcy. The rate hike is not only going to affect streaming over computers, but with mobile phones as well, dooming the already limited amount of independent media to the public.

For more information and to see how you can help, please go to SaveNetRadio.org.