Tim Quirk details how the new Internet radio royalty rates will cripple Rhapsody's radio stations. The rates take effect in two days and it seems that the only thing you can do about it is contact your representatives and try to get the Internet Radio Equality Act through Congress.

Update: Net radio got a bit of a reprieve yesterday when SoundExchange told Congress that it wouldn't enforce the new royalty rates on Sunday and would instead negotiate new rates with web broadcasters. What the new rates will be and how they will be determined in the future is still up in the air.