Web radio will keep playing, rather than play dead, come July 15. The music industry won't impose higher royalty rates, which were to take effect that day, but the good news for Webcasters may prove fleeting.
"SoundExchange is in the business of generating revenues, and it's not going to help them if a good chunk of the industry goes out of business," explains Paul Palumbo, research director for AccuStream iMedia Research.