Live365 to close at the end of January

Internet radio streaming platform Live365 will shut down at the end of January, blaming the recent webcasting rates, set at the end of 2015 by the Copyright Royalty Board, which no longer includes special low rates for small broadcasters.

The platform had already laid off most of its staff at the end of 2015, in the wake of the CRB’s decision. The management of Live365 said in an email to its members, published by BetaNews, that the service will shut ...

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