This week, President Obama officially backed the controversial Radio Performance Royalty Act. The bill would require terrestrial radio stations to pay money to record labels for playing their artists’ music. The act would also include new rules and consequences for illegal streaming of content and online infringement.
The bill has gone to Congress a number of times in the past, and the White House has traditionally taken a similar stand on the issue. But with the combination of a failing economy, relatively low album sales, and a struggling radio medium, the outcome of the bill creates higher stakes. Record labels, who once needed radio in order to give exposure to their artists, benefit more from radio royalties; money that they are losing from sluggish record sales. This could potentially lead to the dissipation of a number of local radio stations. The National Association of Broadcasters called the bill a “jobs-killing fee on America’s hometown radio stations.”
Public radio station National Public Radio (NPR) also faced a financial shift recently. A bill passed by Congress on Thursday banned the station’s affiliates from using federal funding on radio programs. They are, however, able to use that money for administrative matters. The station must now rely on sponsorships, listener contributions, and grants, which make up a bulk of their funding.
The measure was approved 228-192 in the House, along party lines.
This further creates inscentive for artists to make hit music.
The money aint in the albums today.. Its in going 2x or 3x plat on a single.. If they get money off of radio too, that means even less importance on album and even more on singles.
your right lavio.I remember when u bought an album u listened to the whole thing!now peple got there ipods with 1200 singles on it and no albums.
You dont make much from radio spins…It takes massive bucks just to get your song into rotation on every major radio station. Next time you leave your city to another major city across the country…Ask yourself why you hear the exact same songs on the radio there that you did in your city. The music business is a joke.
The most bassackwards shit ive ever heard. Money motivation brought the worst era of hip hop ever cuz it was all money. Shit not feeling this recession but now spinners and that wack bling b gone real artists motivated by the art
Obama also supports the War on Drugs, killing Arab civilians, Illuminati, and Lil Wayne’s music
and your the biggest idiot in the world.
How is he an idiot if everything he said was true?
THHANK YOU HOEBAMA THAT’S RIGHT HOE BA MA… THE FIRST BLACK FUCK UP….
uncle tom ass nigga lol
What a f’ing idiot.
So you write the story but you don’t give the name of the bill or the bill number? Not that I expect most people on this site to care to look it up – but if you’re reporting on a government bill you should include the number and name. Shit.
I love when people come on here to complain without reading. It clearly says the Radio Performance Royalty Act. If you want the number, look that shit up yourself. Fuckin weirdo
I think they were talking about the one to take away federal funding for NPR.
http://www.beatsrhymezlife.com
Uhh the Senate still has to vote on the bill. It passed the house, and we have two houses of congress. One being the house of representatives and the other the Senate. I don’t believe the Senate has taken it up yet.
Musician yes guitar player yes. Just moved back to Hollywood California. Material is done for an album just about, but I am also offering my guitar servies for studio session work, gigs for people needing a guitar player, touring, or even joining or starting a band. Don’t ou know how many artists are going with the live band sound these days? I’m still all about the dj’s and producers making beats but lets put some live guitar over that stuff rather it be in the studio or live on stage. Here is the link to my youtube channel http://www.youtube.com/results?search_query=bryantc1000&aq=f here you will see things like soul from a guitar player, and a tribute to people like 2 pac, jimi hendrix, and yes even Michael Jackson. Check it out let me know if your interested. My email is leaving.carter@gmail.com
Thank you,
Bryant C