SoundExchange Praises Congressman Watt's Plan To Introduce A Performance Rights Bill
July 26, 2013 at 5:14 AM (PT)
Radio may be upset that Rep. MEL WATT (D-NC) plans to introduce another performance royalty bill this year, but other organizations are applauding the move..
"SOUNDEXCHANGE praises Congressman WATT for his leadership on behalf of music creators -- particularly his continued effort to address the glaring lack of a sound recording performance right for AM/FM radio," said SOUNDEXCHANGE Pres./CEO MICHAEL HUPPE.
"Congressman WATT has been a long-time champion for musicians' rights, and a true believer in the value music brings to our daily lives. Corporate radio -- which earns $15 billion in annual revenue -- doesn't pay a cent to the recording artists and labels who create the art that 'draws the crowd' to their airwaves. We are thankful for the Congressman's actions to remedy this injustice," he added.