By Claire Cain Miller – NYTimes

“After a 19-month battle over Internet radio royalties, a truce between record labels and webcasters is finally in sight that would allow Internet radio start-ups to eke out an existence for at least a little while longer. The two sides have signaled that they are nearing a compromise that would lower the royalties that online radio stations pay artists and labels for the rights to stream songs to listeners. On Sept. 30, they jointly persuaded Congress to pass a bill that would put into effect any changes to the royalty rate to which the parties agree while lawmakers are out of session.” [Read More]