May 15th 2007, RIP Internet Radio

ArsTechnica has a great summary of the most recent ruling regarding the updated internet-radio royalty rules. I've been a big internet radio listener for years, and am sad to see this particular change. I'm sure the next target will be podcasts. I'm all for artists getting appropriate royalties, but I am sorry to see such an open forum killed by profits. The only salvation is the explosion of good podcasts.