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Full Text of RealNetworks' Congressional Testimony on Webcasting Rates

The House subcommittee on Telecommunications and Internet will hear testimony from representatives of the online, satellite and terrestrial radio industries at today's 2:30 PM (EST) "Digital Future of the United States: Part II – The Future of Radio" hearing.
Live video webcast (Windows Media Player only).

Bob Kimball, Senior VP for RealNetworks, will testify on behalf of all webcasters, but specifically for Real and DiMA members. We have his written testimony, posted below in its entirety.
These companies are panicked about Friday's royalty rate increases, which threaten to drive webcasters out of business -- especially small and/or innovative sites such as Pandora and Rhapsody that most widely diverge from traditional radio formats.

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