Update at 7:28 p.m. PDT: Quotes have been added from the National Association of Broadcasters on why it no longer opposes the bill.
Web radio stations live to fight another day.
The House of Representatives has unanimously passed a bill that Web radio stations have painted as life or death for their services.
The Webcaster Settlement Act, which would allow Internet radio stations to negotiate with the music industry for a royalty rate lower than what Congress mandated last year, passed the House by a voice vote on Saturday.
Proponents of the bill had predicted a close vote. … Read more