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NAB: Streaming Likely to Die

NAB: Streaming Likely to Die

NAB doesn’t think too much of the streaming royalties set by the Librarian of Congress. In a statement, NAB President/CEO Eddie Fritts said: “The Librarian’s decision places a prohibitive financial burden on radio station streaming, and will likely result in the termination of this fledgling service to listeners. It also perpetuates the hoax that the Copyright Arbitration Royalty Panel process reflects marketplace reality.”