New RIAA Rules Will Shut Down Pandora

As being widely reported, higher fees for online music imposed by the RIAA may force Pandora.com to close down. Pandora.com is my favorite Internet radio site, and it can't be any better for other Internet Radio enterprises. This is really a classic case of the music industry shooting itself in the foot; by making their rates inordinately high they're not only going to miss out on the revenue they would get from major sites like Pandora having to close, but also from the literally millions of people getting turned on to new music and going out and buying CDs and digital downloads and so on. What a bunch of assholes.