“And so the broken circle go[es], over and over again.” Like a broken record playing the same song clip over and over again, the predominant parties in the Internet radio industry have been hearing the same sound bite repeat since Congress passed the Digital Millennium Copyright Act (DMCA)5 in 1998. Despite arguing for more than a decade, no viable solution to the problem of setting statutory royalty rates for Internet radio under the DMCA exists. The result thus far is a slew of statutory rates, temporary settlement agreements, congressional acts, and court decisions with which none of the parties agree. It is time for the Internet radio industry and those who license the music that industry brings to the public to convene and perform a complete overhaul of the DMCA’s webcasting provisions. As it stands, with respect to Internet radio the DMCA is inefficient, and serves only to waste time and money by sending the webcasting industry into an infinite loop of fruitless negotiations, hearings, lawsuits, emergency acts of Congress, and overall public uncertainty about the long-term viability of America’s favorite new music medium.