"Simple ecosystems are the goal of proceedings like CARP, the
panel that set out the ruinously high royalties for webcasters.
The recording industry set the rates as high as they did so that
the teeming millions of webcasters would be rendered economically
extinct, leaving behind a tiny handful of giant companies that
could be negotiated with around a board room table, rather than
dealt with by blanket legislation."
The recording industry specifically backed a percentage-of-revenue legislation, and lawmakers took it upon themselves to enact something much more crippling than even what the RIAA had proposed. Why they did that remains a mystery; but it was the actions of either corrupt or ignorant lawmakers, not the "recording industry" that destroyed internet radio.