Future Of Music Coalition Urges FCC To Monitor Radio
June 17, 2008 at 7:01 AM (PT)
The FUTURE OF MUSIC COALITION has released a new publication that provides an overview of payola in the radio industry. Released in collaboration with the AMERICAN ASSOCIATION OF INDEPENDENT MUSIC (A2IM), the "Payola Education Guide" makes the case that little has changed since the FCC enacted voluntary agreements between radio groups and major labels in APRIL 2007.
"In an era where information and entertainment have become increasingly globalized, it's all the more important that local broadcasters who operate within communities on the public airwaves consider local interests," said FMC Executive Dir. ANN CHAITOVITZ. "Local and independent musicians are being foreclosed from radio, to the detriment of communities across the country."
In reply comments filed on JUNE 11th in the FCC's ongoing localism proceedings, FMC noted that independent record labels release more than 80% of the music in the domestic marketplace and are collectively responsible for roughly 30% market share. Yet for the majority of these independent artists and labels, the door to commercial radio play remains closed.
FMC conducted a private quantitative analysis of playlist data, and found that songs released by the four major labels continue to dominate the commercial radio charts.