Peter Smyth: Is Radio 'The New Sugar Daddy'?
August 17, 2007 at 7:42 AM (PT)
GREATER MEDIA Pres./CEO PETER SMYTH's monthly column on the corporate website delves into the relationship between broadcasters and the music business.
Writes SMYTH, "It seems these days that lots of people with personal agendas have decided to pick on American radio. Radio's ongoing symbiotic love/hate relationship with the music industry has turned confrontational. First, the CRB decision on Internet royalty rates has provoked a face-off about the proper formula and dollar value of performance rights for Internet streaming. Now, the MUSIC FIRST COALITION has raised the volume on their demand that radio pay a performance tax on every song we play on the air."
Radio's ongoing symbiotic love/hate relationship with the music industry has turned confrontational.
Read the full column here.