Representative Watt Introduces Royalty Bill
As expected, Congressman Mel Watt of North Carolina introduced his Free Market Royalty Act, which creates a “performance right” that will obligate radio stations to compensate performers for the use of their music. In a statement following the introduction of the bill, Watt said, "Airtime on AM/FM radio is no different from exposure on other mediums. Cable, satellite, and Internet radio also promote artists to new audiences, yet all these services pay performance royalties because clearly the value in these relationships runs both ways. AM/FM stations profit from advertising revenue. Why do advertisers pay? Because people listen. Why do people listen? To hear the songs. For many stations, take away the music and you take away the audience. Read Watt's full statement HERE.
Read the entire Bill HERE.
(10/1/2013 12:59:30 PM) |
Rep Watts, I agree only on the condition you also remove payola laws. If exposure on radio is less valuable to artists than the music is to radio, payola laws are no longer needed, right?
Artists and labels who feel like they are getting ripped off by radio, post here and I will gladly take your music off my stations. Yes, we are Billboard reporters, but don't let that prevent you from having me stop ripping you off, please.
(10/1/2013 9:50:03 AM) |
i vote we get rid of the "political rate".
|- Freedom Frm Washington|
(9/30/2013 7:54:43 PM) |
Rep. Watt says, "For many stations, take away the music and you take away the audience. "
True, Congressman. And take away the radio station and you take away the artist's music.
It may seem Greek to you, sir, but it's really Latin:
Quid Pro Quo.
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