Webcaster Settlement Act of 2008 passed

Following our post from Saturday regarding the NAB’s efforts to prevent the Webcaster Settlement Act of 2008 from passing, here’s a quick update: Long story short, H.R. 7084 has passed through both Congress and the Senate. Woo! So what exactly does that mean? It simply means that Pandora and other internet broadcasters can continue to negotiate with SoundExchange and the RIAA with regards to fair royalties. Wait, huh? It’s just a bill that allows them to continue talking? That’s right folks – pretty funny how opposed the NAB was to this procedural bill, no? What a joke the NAB has become. But we digress… Kudos to all who took the time to reach out to their state reps and express support for the bill. Who knows – maybe the RIAA, SoundExchange and internet radio can actually come to an agreement!

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