Peter Smyth 'Disappointed' In Some Opposition To NAB Performance Fee Position

Peter Smyth

In his monthly column, GREATER MEDIA Pres./CEO PETER SMYTH addresses opponents of the NAB's latest offer regarding a performance fee for radio. Writes SMYTH, "it is with disappointment that I read some of the commentary from radio observers assaulting the recent action of the NAB Radio Board, questioning the future of our business, and suggesting impure motivations by radio’s leadership."

SMYTH blames, "a few misguided camps in radio who seek to divide our business."

Concluding, he writes, "To be clear: Last week’s vote was taken with great deliberation and with an understanding of the consequences. The easy solution would have been to simply continue screaming 'no' at the top of our lungs, leaving for the next generation of radio broadcasters the possibility that legislation will be imposed upon us that threatens our very business model. In my view, that approach would have been a grave mistake."

The easy solution would have been to simply continue screaming 'no' at the top of our lungs, leaving for the next generation of radio broadcasters the possibility that legislation will be imposed upon us that threatens our very business model.

Read his full article here.

[The performance fee divides many in our industry. What's your opinion? Please share your thoughts with the ALL ACCESS community below.]

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