AGREEMENT REACHED ON ONLINE STREAMING RATES FOR LOCAL RADIO BROADCASTERS

— SoundExchange and National Association of Broadcasters Set New Termsfor Streaming Rates and Extend Agreement Through 2015 –WASHINGTON, D.C. – SoundExchange and the National Association of Broadcasters (NAB) announced today a comprehensive agreement on Internet streaming rates for local radio stations that simulcast programming over the Internet or that create new stand -alone Internet stations. The agreement provides discounts on previously-set rates for 2009 and 2010 and establi