Good for Yahoo, And Everyone Else Except Last.fm

Yahoo, as well as Pandora, MTV, Real/Rhapsody and many others are honoring the “day of silence” today in protest of the ridiculous new royalty rates for Internet radio stations.

The big music labels have lobbied to get the U.S. government to really stick it to Internet radio stations, when terrestrial radio stations pay nothing to play songs and Satellite providers pay a greatly reduced rate.

Read more: Techcrunch.com