Congress
Performance Pay
Source: Billboard,
Page: 8,
Date: 07/12/2008
Month: July
Page: 8,
Date: 07/12/2008
Full Text:
It is unlikely that Congress will vote this year on the legislation requiring terrestrial radio stations to pay artists and labels performance royalties to air their recordings, but a lot of progress has been made by the side supporting the artists. There was a resounding vote on June 27 in support of the legislation that sent the Performance Rights Act to the full House Judiciary Committee, but it won't get much further this election year after Congress takes its scheduled summer recess in August. The side supporting the broadcasters has created opposition to the bill calling it a performance "tax" and declaring it would create "severe economic hardship" on the radio stations. Even the opposition cannot deny that they are acknowledging the fact that in other industrialized countries, as well as satellite and Internet radio in the US, all pay performance royalties. Some point this out to be an example of "a lack of harmony with laws around the globe." Many are trying to find a compromise in the bill. They know it is fair to give compensation to the artists and labels, but think it should also be considered to have a business model that compensates the radio stations for their role in promoting music. Supporters of the artists and labels say they are happy with the progress and that this is the most they've made in the past 80 years.Roylaties, Orphans & Czars
Source: Billboard,
Page: 10,
Date: 05/17/2008
Month: May
Page: 10,
Date: 05/17/2008
