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I think in the long run, this move will simply move most of these internet radio stations out of the US (and similar countries). While the RIAA may want to clean up "internet radio," they are clearly still thinking of it as if it is radio. They won't be able to "clean up" netcasts coming from outside of the US, and they won't be able to block them, either.
End result: No one in the US will be making money off of internet music... that money will all be going overseas. Let the RIAA tell us how that's going to help the industry.
This move will ultimately strengthen the international music industry, but it won't do the US any favors.
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