It’s only the start, but uhhh what’s happening to Internet Radio??  If you haven’t heard yet, Pandora Radio is facing some heavy issues with the Copyright Royalty Board (CRB) and the Recording Industry Association of America (RIAA) and is possibly looking at shutting down

The Oakland based company started eight years ago and grew to be one of the fastest growing Internet radio sites but due to the CRB raising the royalty rates they’re looking at paying some hefty sums on when each song is played which means possibly the end for Pandora.

Source: Channel Web

NIECEE’s TAKE AWAYS:

• What does it mean for the i-Phone App? The Pandora Radio app on the i-Phone is possibly one of the most widely used app on the phone for music.

• Who’s next up on the chopping block? What does this mean for Internet Radio? Is there a business model that can survive?