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Webcasters Face Royalty Rate End Game
Stay denied, rates go into effect on Sunday
by Karl Bode 04:58PM Thursday Jul 12 2007
A newly approved royalty rate system set to go into effect on Sunday threatens to put many webcasters out of business by consuming their entire revenue streams -- and then some. A federal appeals court has declined a push by the webcasters to delay the new royalty system. Webcasters are now hoping for an eleventh hour intervention from Congress, which has been bombarded with complaints by consumers.

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