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Pandora music service going away?

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Online music site Pandora, loved by pretty much everyone who has ever tried it, may soon be going away thanks to royalty fees being asked for by the RIAA and their royalties collection arm Sound Exchange.

The RIAA is looking to get $500 per year per channel and 2.91 cents per hour per listener from Internet radio stations.

It’s worth noting that the artists won’t get any of this money.

Yep, that sound fair.

[Via TUAW]

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