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If the current webcaster royalty rates stand, subscription services could gather momentum.
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But he wants royalty rates to be determined by government rules.
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The new royalty rates could determine the livelihood of webcasters everywhere.
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Spotify needs to do something about its royalty rates now.
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In his 2014 budget proposal, Obama said "adjusting onshore royalty rates" was a priority.
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Copyright Royalty Board lowers its royalty rates -or puts a few companies out of business.
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They said BP reported incorrect royalty rates, prices and production of oil or natural gas on leases.
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With streaming still offering low royalty rates for artists, most musicians rely on essential revenue from touring.
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Sirius generates most of its revenue from paying subscribers, while paying low, capped royalty rates for satellite broadcasting.
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New music royalty rates for webcasters went into effect last Monday, but the charges continue to be fiercely contested.
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The call came after a federal appeals court refused to delay new royalty rates expected to bankrupt many webcasters.
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But the move is another of Pandora's attempts to bring in revenue while awaiting a decision on royalty rates.
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This is because the higher royalty rates may weaken the argument that the two giants enjoy an unfair advantage.
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Radio has traditionally dodged hefty royalty rates because it has been treated as a marketing arm of the industry.
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Some analysts said this scenario could trigger a near-term land rush by companies fearing higher royalty rates in the future.
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It also agreed to cut its royalty rates on patents used in China and not challenge an antitrust violation finding.
