Reuters, July 12, 2007

A federal appeals court has denied a petition by U.S. Internet radio stations seeking to delay a royalty rate hike due July 15 they say could kill the fledgling industry.

While the July 11 ruling by the U.S. District Court of Appeals for the District of Columbia Circuit was a setback, the SaveNetRadio coalition of Webcasters vowed it would continue fighting the hikes in Congress.

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