Even though a $700 billion bailout agreement is the most important issue facing Congress at the moment, United States representatives also have to think about legislation that would give the RIAA and webcasters additional time to work out a fair royalty agreement.
In the latest chapter of an already confusing mess, Pandora founder Tim Westergren sent out an e-mail request Friday afternoon to all Pandora users.
The e-mail reads as follows:
After months of fighting to stay in business, Pandora, SoundExchange and the RIAA have finally agreed to one thing - we need just a bit more time to negotiate a royalty agreement that will let Pandora survive. Yesterday Congressman Jay Inslee and several cosponsors introduced legislation to give us extra time but for some reason the traditional radio broadcasters don't want Congress to help Pandora and the rest of Internet radio.
We understand that the National Association of Broadcasters is asking Members of Congress to oppose the Webcaster Settlement Act of 2008.
Please call your Congressperson right now and ask them to support H.R. 7084, the Webcaster Settlement Act of 2008.
To see who your local reprsentative is, please click here. CDFreaks would like to remind interested readers that they can call any time over the weekend, as Congress is in session working on the bailout.
Webcasters support H.R. 7084, which would give them more time to work with the RIAA to iron out royalty rates for sites like Pandora, but the National Association of Broadcasters is working to have H.R. 7084 eliminated.
Rest of the article published on the front page of CDFreaks.
If you're in the mood to help out, Pandora and company would greatly appreciate it!