House Passes Save-Pandora Bill, Senate to Vote on Monday

The Webcaster Settlement Act (H.R. 7084), a bill that would reduce royalty fees for streaming internet radio, was passed by the House on Saturday.
Act would allow the Digital Media Association, a national trade organization for online audio/video industries, to freely negotiate with SoundExchange, who collects royalties for the music industry.
Pandora urged its listeners to call their congressmen in the days leading up to the vote on the bill, also supported by lobbying from National Public Radio.
Next step: passing the Senate. Voting will take place Monday.
Last year, the Copyright Royalty Board doubled the fee for playing a song over internet radio — costing Pandora $17m of their $25m projected revenue.
Pandora previously said they would have to shut down by 2010 under the current fee model. This bill would give them new life.