Net radio bill passes in House, stations get to live for another day

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The House of Representatives in the U.S. Congress have unanimously passed a bill that has been seen by the web radio stations as life or death. The new bill, The Webcaster Settlement Act, would now allow internet radio stations to negotiate with the music industry for a lower royalty rate than what was mandated by Congress last year.

It was passed by the house by a voice vote on Saturday.

The National Association of Broadcasters, who have been opposing the bill, have now said that they will drop its opposition when it moves to the Senate to be voted on either Sunday or Monday.