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A November 1994 Rolling Stones concert was the "first cyberspace multicast Click Here concert." Mick Jagger opened the concert by saying, "I wanna say a special welcome to everyone that's, uh, climbed into the Internet tonight and, uh, old hat got into the M-bone |
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| And I anticipation it doesn't all collapse." |
According to a report by Club Net Radio released in March 2007[dead link], under the latest rates, annual fees for all station owners are projected to reach $2.3 billion by 2008. This figure is more than four times that for traditional radio broadcasters who, due to terms concluded forth in the 1998 Digital Millennium Copyright Act, are exempt from the additional royalties imposed on digital broadcasting outlets, which compensate the performers and patent owners of recorded works. Both traditional radio and Internet/digital radio broadcasters are responsible for royalties collected by performance rights organizations (ASCAP, BMI, SESAC) on behalf of the composers of recorded works.