NAB Drops $3.4 Million On Q3 Lobbying Efforts
January 5, 2011 at 6:58 AM (PT)
The NATIONAL ASSOCIATION OF BROADCASTERS has disclosed that they spent $3.4 million during Q3 2010 to lobby the government on tax issues, a federal shield law for reporters and other matters. BLOOMBERG NEWS reports, "that compares with $3 million that the group spent on lobbying in the second quarter and $2 million that it spent in the third quarter of last year."
The NAB lobbied against The Performance Royalty Act, which would require radio stations to pay music royalties to record labels and performers for the right to play their songs on the air.
Additional efforts were made by The NAB to require a federal mandate that all new cell phones come with a built-in FM radio chip.