NAB Challenges RIAA To Debate Royalty/Tax 'Fairness'
February 25, 2008 at 10:54 AM (PT)
The NAB certainly isn't sitting on its hands while content provider interests lobby CONGRESS about installing a performance royalty fee on terrestrial radio. Since the RIAA is planning on having handful of artists personally rub elbows and twist arms in D.C. next week, the radio trade lobby counter-attacked, challenging the label lobby to a public debate over "fairness."
NAB EVP DENNIS WHARTON issued the following statement: "We welcome the debate over which side has been more 'fair' to artists -- radio stations or RIAA-member companies. AMERICA's hometown radio stations expose and promote musicians to 232 million listeners every week. Contrast that with decades-long exploitation of artists by foreign-owned record labels, demonstrated just this month in a $6 million lawsuit against UNIVERSAL MUSIC GROUP for 'cheating' artists like COUNT BASIE and BENNY GOODMAN out of royalties (NET NEWS, 2/15)."
No time or place for such a debate was proposed.