WASHINGTON, DC – Last week, by a unanimous vote, the NAB Radio Board adopted the following resolution regarding the recent Copyright Royalty Board decision on Internet streaming rates:
"The radio board of the National Association of Broadcasters recognizes that the new streaming rates established by the Copyright Royalty Board (CRB) will cause significant harm to broadcasters that stream over the Internet.
"The radio board supports a comprehensive approach to addressing the CRB rate determination, including legislation that vacates the CRB decision and establishes an interim royalty rate structure."
The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.