How Lame

From tuaw.com:

The Washington Post is reporting that Pandora, the Internet radio station available on Mac, iPhone, and iPod touch, may be shutting down service soon.

The reason is that Sound Exchange, the money-grubbing blackmailers royalties collection arm affiliated with the Recording Industry Association of America, has imposed restrictive administrative fees ($500 per year per channel) and ridiculous royalty fees (2.91 cents per hour per listener) on Internet radio stations. While many companies that provide Internet radio services have been lobbying Congress for relief, there doesn't seem to be much of hope that happening in the near future.