Tim Westergren, founder of Pandora, sounded the alarm about the new royalty rules for streamed internet radio, and encourages all those who care about this to email their elected representatives. Here's a discussion of the legal implications, and the cost implications.
Maybe the future of internet radio is people sharing links to artists websites like Blue Foundation and Xploding Plastix -- hours of great listening there, not to mention, cool flash-y websites to browse.
That's if the greed based record industry people get their way. Check out savenetradio.org, find resources there to take a stand. Consider telling your friends about their public service announcement: