06:04 PM on 10/19/12
The problem with this is that its main goal is to make internet radio "fair" so that it pays the same worthless rate that terrestrial radio does. Its basically saying "terrestrial radio is allowed to give shitty pay to artists, so internet radio should, too." A race to the bottom essentially.
Obviously, the problem is that it's comparing things that are now unrelated, as internet radio is very different from its traditional counterpart. The good news is that it's not gaining much ground. For example, the cited article was posted almost a month ago, and it's only now being posted on here. It's an unfair bill that (logical) people are hesitant to support, and it's not going to gain any ground in its current state. Add this to the fact that the majority of people don't understand the business model and royalty rate of internet radio, and it's just a large headache.