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Radio, RIAA agree on streaming fee - Broadcasting & Cable

Radio, RIAA agree on streaming fee

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Radio broadcasters have reached an
agreement with record companies on the royalty fees radio stations must pay in
return for a blanket license to stream their signals over the Internet, sources
say. The two sides have been in arbitration at the Copyright Office. Webcasters
and record companies have yet to strike a similar deal. The Copyright Office's
arbiters are under no obligation to accept the settlement, though they are
likely to.

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