Internet Radio company Live365 is back. Last year the company closed its doors after the US government denied it’s request to lower royalty rates for “small broadcasters.” But the company is back following a “teaser site” launched earlier in January 2017 – one year after shutting down.
In 2009, the Small Webaster Settlement Act caused royalty payments for webcasters to skyrocket. This forced the company, and other smaller webcasters, down. Jon Stephenson, owner of content delivery network EmpireStreaming, acquired the company in July at a bankruptcy auction.
Yesterday, Live365 opened it’s registration process and said ANYONE can sign up to becomce a legal radio broadcaster in a matter of minutes. Before users would be put on a 3 month waiting list.
According to Digital Music News:
The new service would offer 24/7 cloud automation as well as 24/7 support. Players would carry the station brand and could also be embedded in websites. Live365 would cover US-based webcast royalty payments, including SoundExchange, ASCAP, BMI, and SESAC.
Stephenson’s Live365 is hard at work on offerings for Android, Alexa, Sonos and more but already has a new iOS app that allows listeners to discover content for free, and gives broadcasters an instant audience.