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Net Radio Update: Due Date Pushed Back to July 15

Good news here!  Here’s what Kurt Hanson’s Radio and Internet Newsletter says about it:

BY KURT HANSON
In a twist that greatly improves the likelihood that Congress could pass legislation in time to save Internet radio from collapsing under the burden of impossibly-high royalty rates, the Copyright Royalty Board (CRB), in publishing its determination in the Federal Register yesterday (.pdf here), added one word to their crbdecision that moves the due date for payments under the new rates from May 15th to July 15th.

The original version of their decision (.pdf here) said that payments under the new rate — including a retroactive payment for the period going back to January 2006 — were due 45 days after the end of the month in which the determination was issued.  The determination was issued on March 2nd; thus the due date would have been May 15th.

In the decision’s 32-page publication in the Federal Register, a new headline referred to the publication as their “final rule” and said that payments under it were due 45 days after the end of the month in which the final rule was issued.

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