NAB Slams IPEC's Endorsement Of A Performance Royalty
March 15, 2011 at 3:57 PM (PT)
The NAB responded negatively to the U.S INTELLECTUAL PROPERTY ENFORCEMENT COORDINATOR's (IPEC) statement endorsing the a "performance right" that would require radio stations to pay a fee to record labels and performers for playing music on-air. NAB EVP DENNIS WHARTON stated:
"This is hardly a new policy position from the WHITE HOUSE. NAB remains unalterably opposed to legislation creating an onerous, jobs-killing fee on AMERICA's hometown radio stations without offsetting provisions and benefits that recognize the the unparalleled promotional value of radio airplay. NAB offered a legislative package to resolve this issue last year, which was summarily rejected by the MUSICFIRST COALTION. Our offer still stands."