AWRT Voice Concern For Performance Tax
March 27, 2009 at 1:55 PM (PT)
AMERICAN WOMEN IN RADIO & TELEVISION have expressed their opposition to HR 848, legislation they believe to be harmful. The RIAA's is trying to levy a new fee on radio stations for music that is aired.
"AWRT members consider this to be an attempt to 'tax' the local radio industry. To be clear, the large internationally-owned record labels are the force pushing CONGRESS to impose this new fee on the local radio stations," AWRT Pres. MARIA EFANTIS BRENNAN said. "The system is in place today fairly compensates everyone. Although the big record labels have seen their revenues decline over the last decade, local radio broadcasters are not the reason the recording industry is losing money, and it should not be the industry to fix it."