Performance Royalty Rates Increase for Online Radio

A panel of federal judges ordered free internet radio services like Pandora to raise their royalty rates in a decision set to take effect next year, The New York Times reports. The decision will benefit artists and record labels.In their decision, the Copyright Royalty Board ruled that webcasters will have to pay record companies 17 cents — up from 14 cents — for every 100 times a song is streamed by listeners who don't pay a subscription fee. Plays by subscribers, however,