NAB Fires Back At Bono For Touting Radio Performance Rights
April 20, 2009 at 8:57 AM (PT)
The NAB has responded swiftly and forcefully to a statement by U2 lead singer BONO -- released today through THE MUSICFIRST COALITION, where the singer admitted to appreciating radio's promotional impact, nonetheless supports the creation of a fair performance right on AM and FM radio.
"While we have many friends at radio, and appreciate the many things that radio has done for our band over the years, we believe it’s only fair that when radio makes money by playing a recording artist's music and selling advertising, the recording artist should be compensated just as songwriters are already," BONO said in a statement. "This is a principle accepted by radio broadcasters in virtually every country in the world. The music business is in a state of freefall at the moment, and while, thankfully, this no longer really affects us -- there are many young recording artists out there who can no longer earn a living from the sale of their music, or from touring or selling merchandise ... yet they remain a vital part of radio playlists throughout the USA. They should not be denied their fair share. In this time of so much positive change coming from WASHINGTON, we hope this bill will be embraced and become the law."
NAB EVP DENNIS WHARTON responded to BONO's statement in the following statement.
"The irony is that it will be the less-established performers who will be hurt most by a performance tax. If radio stations are forced to pay to play music, program directors will be less likely to take a chance playing unknown artists and will instead stick with established musicians like BONO. New artists and niche formats will suffer, and BONO and BRITNEY SPEARS will become wealthier."