"the good old RIAA was hard at work making sure that things were happening in the background. A bunch of folks submitted stories this weekend noting that late Friday (making it less likely to make news), the Copyright Royalty Board announced that it was adopting the royalty rates SoundExchange put forth, and making them effective retroactively to the beginning of 2006 -- meaning that many small independent webcasters are now facing a tremendous royalty bill they're unlikely to be able to afford."
Source: Techdirt:
This move by the RIAA will fail and it will fail because the RIAA (yet again) have fundamentally misunderstood the Internet as a medium. Independent webcasters will not be put out of business by the punitive royalty fees, they will simple "go around" the RIAA by using pod safe music; of which there is a growing collection. This is yet another shot in the foot for the RIAA