More Opposition To Performance Fee
May 4, 2009 at 8:44 AM (PT)
Six more House members and four additional U.S. Senators have thrown their support behind a resolution opposing "any new performance fee, tax, royalty or other charge" on local radio stations, NAB announced TODAY (5/4). The resolution is designed to block the RECORDING INDUSTRY ASSOCIATION OF AMERICA's effort to bring a performance fee to radio stations for airing music.
"Given the record labels' decades-long history of exploiting musicians for their own financial gain, lawmakers are growing increasingly skeptical over the RIAA's disingenuous claim that this new fee will benefit artists," said NAB EVP DENNIS WHARTON. "And with 50% of the new fee funneled directly into the coffers of the foreign-owned record labels, who can blame them?"