Webcasters, RIAA propose new royalties

Webcasters, RIAA propose new royalties – The Digital Media Association and the Recording Industry Association of America agree to a proposal for royalty fees that Net radio services must pay record companies. [CNet] I still don’t understand how webcasting is different from broadcast radio. In broadcast radio, the RIAA makes nothing. The broadcasters pay to BMI who distributes the money amongst songwriters. Paying 7 cents per webcast song seems outrageous.