[caption id="attachment_24559" align="alignleft" width="200" caption="College stations can now pay $100 yearly and forgo reporting playlists. "]collegeradio12[/caption]

Campus-based internet radio broadcasters have an established royalty rate after an agreement was reached with SoundExchange, a nonprofit organization created to collect and dole out music royalties to record labels.

The July 31 agreement with College Broadcasters Inc. was one of three royalty rate negotiations settled after months of back-and-forth negotiations. SoundExchange also settled royalty rates with the National Religious Broadcasters Music License Committee and SIRIUS-XM. The agreement is good through 2015.

College webcasters will pay $500 per...

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