Update

Matt Drudge is headlining the royalty story right now. I'm surprised to learn that Clear Channel, the largest radio company in the nation, is on the right side of this issue. They must be doing more on the web than I realized. As NPR said, they will be paying more for their online royalties to reach a far smaller audience than they pay for their radio broadcast. This is patently unfair.

My hunch is that the Royalty Board is feeling the heat from this and to forestall Congressional action, they'll scale back their proposal. But of course there are no guarantees, so make sure your Congressman hears from you!