Mark Mays Rallies CC Troops Against Performance Fee
June 3, 2009 at 5:17 AM (PT)
CLEAR CHANNEL CEO MARK MAYS is rallying the full staff of the company against the Performance Rights Act, sending an urgent e-mail to the staff of CLEAR CHANNEL RADIO yesterday, asking they sign a petition that will be forwarded to Congressional members.
"As you all are acutely aware, our company is facing a major hurdle that could have a devastating impact on our industry -- the Performance Tax," wrote MAYS. "The recording industry is lobbying Congress to pass legislation that would require radio stations to pay a new royalty for every song broadcast over the air."
MAYS continued that "passage is getting closer" and would "forever change radio as we currently know it. Together we can save free radio!"