With a growing audience of up to 54 million monthly listeners, Internet radio is one of the biggest trends in digital music. But if you believe the industry's leaders, it's threatened with extinction.
They say the rates they have to pay the recording industry are bankrupting them. They're appealing the government-set rates, pressing Congress to change the rate structure and pursuing negotiations with the industry.
Now a congressman has stepped in to oversee the negotiations and Webcasters are ramping up the rhetoric....