Meanwhile, online radio stations have been dealt a major setback. Last month the Copyright Royalty Board decided to implement a new system to determine how royalties are paid for music played online. Analysts predict the royalty increase will bankrupt 85 percent of online broadcasters. The board’s decision was opposed by many small Internet broadcasters as well as National Public Radio and Yahoo. On Monday, the Copyright Royalty Board denied a request to reconsider the royalty hike. The board also declined to postpone the May 15 deadline to collect monthly payments under the new rules. Up until now, small broadcasters have been allowed to pay about 12 percent of their revenues, but now the royalties will be calculated on a per-song, per-hour rate. To fight the rate increase, a group of webcasters, musicians and independent record labels have formed the SaveNetRadio Coalition.