Audio webcasting goes silent

Yesterday the audio webcasting industry went silent for the day, as a protest to the recently recommended fee of 0.14 US cents per track played. Webcasters say they already finding it hard to survive and the additional financial burden of paying, what initially looks like a small amount of money, would add about an extra $9,000 to their monthly cost. Clearly the record companies don’t see it that way and by 21.May, we will all find out what the final figure due will be as that’s when the Librarian of Congress is required to set sound recording performance royalty rates for Web radio stations.