Black Radio Stations & Others Could Be In Jeopardy!! Save Our Radios!!

[Don Juan]

The bit about the Performance "Tax" going to foreign companies instead of "local" radio is a huge pile of manure. Who lent the money to Clear Channel, Cumulus, Citadel to fund their credit facilities and to what country is Clear Channel, et al paying interest on their debt? When the $20 billion privatization transaction occured the banks who provided funding to Bain Capital were:
Citigroup, Deutsche Bank, Morgan Stanley, Credit Suisse, Royal Bank of Scotland, and Wachovia
3 of that list are not U.S. banks...

So? They have chosen to borrowed money from foreign banks? So what? Private companies, who can decide where they want to borrow money. NO law is forcing them to do business overseas.

What does that have to do with Congress making a law extracting from radio stations a tax with most of that going overseas?

2 different things.

I'm certain Clear Channel spends almost nothing in the local area. The "local" programming is coming from another city an hour's drive away.

Are you even from here? Do you have any idea what you are talking about?

 

[rapking]

New/Talk stations are not playing music but there sister stations are playing music (Entercom WEEI,WRKO,WAAF,Mike-FM...CBS WBZ AM/FM, WBMX,WODS,WZLX ).

 

[JIBGUY]

The bit about the Performance "Tax" going to foreign companies instead of "local" radio is a huge pile of manure.

No manure at all.... 75 to 80% of all music sold in the USA by record companies, is sold by the 4 largest companies..... EMI, Sony, Warner Brothers and the one from Paris (can't think of its corporate name right now). Out of those 4, only one is domestic. Therefore about 53% of music sales in the USA are to foreign labels.

Now, CC and others certainly have some foreign lenders involved, but not to the vast extent of the actual ownership of the music we buy here in the USA.

 

[ArtSpooner]

I'm confused. Why does this only affect black radio stations? And further confusion.....isn't John Conyers black?

This does not only affect Black radio but it will affect black radio more ( AKA like the unemployment rate right now ). Yes John Conyers is Black and Sellout and Jacka$$ come in all colors.

Still confused. Are you saying that black radio station owners will have to pay more than others?

No . Black format stations make less money than other format stations ( by avg. ). AKA John Doe make 100,000 a year but he has to pay his Ex-wife 30,000 a year but John Doe JR. make 60,000 a year but he has to pay his Ex-wife 30,000 a year ( same bill different affect ). Overall this Bill is Bad for All music stations.

What???? This makes no sense whatsoever and for once it's not because of your spelling, punctuation, and grammar. By the way AKA means "also known as".

 

[rapking]

I'm confused. Why does this only affect black radio stations? And further confusion.....isn't John Conyers black?

This does not only affect Black radio but it will affect black radio more ( AKA like the unemployment rate right now ). Yes John Conyers is Black and Sellout and Jacka$$ come in all colors.

Still confused. Are you saying that black radio station owners will have to pay more than others?

No . Black format stations make less money than other format stations ( by avg. ). AKA John Doe make 100,000 a year but he has to pay his Ex-wife 30,000 a year but John Doe JR. make 60,000 a year but he has to pay his Ex-wife 30,000 a year ( same bill different affect ). Overall this Bill is Bad for All music stations.

What???? This makes no sense whatsoever and for once it's not because of your spelling, punctuation, and grammar. By the way AKA means "also known as".

OK take out the AKA . OK !

 

[ArtSpooner]

[/quote]

Still confused. Are you saying that black radio station owners will have to pay more than others?
[/quote] No . Black format stations make less money than other format stations ( by avg. ). AKA John Doe make 100,000 a year but he has to pay his Ex-wife 30,000 a year but John Doe JR. make 60,000 a year but he has to pay his Ex-wife 30,000 a year ( same bill different affect ). Overall this Bill is Bad for All music stations.
[/quote]What???? This makes no sense whatsoever and for once it's not because of your spelling, punctuation, and grammar. By the way AKA means "also known as".
[/quote]OK take out the AKA . OK !

I understood what you meant by AKA. I was just correcting you because I tend to be pedantic at times.......a definite character flaw.

I still don't see why this law should affect black radio stations more than others. Do they have to pay a higher rate?

 

[rapking]

FM talk Tsunami ? http://www.youtube.com/watch?v=U2XEe_0KH4o

 

[rapking]

I understood what you meant by AKA. I was just correcting you because I tend to be pedantic at times.......a definite character flaw.

I still don't see why this law should affect black radio stations more than others. Do they have to pay a higher rate?
[/quote] NO!!!!!!! Black format stations ( Urban,Urban A/C,Black Gospel,Urban oldies )make less money on average than other radio formats ( Rock,Active Rock,Top 40,New/Talk,AC,Hot AC), if this bill pass a large number of Black Format stations may be taken off the air.

 

[KarsonWithaK]

I would have to imagine that the fee would be based on a percentage of revenue. So, the argument that one format would be more harshly burdened than another, might be moot.

 

[rapking]

I would have to imagine that the fee would be based on a percentage of revenue. So, the argument that one format would be more harshly burdened than another, might be moot.

And The Act of 96 help local radio ownership ( yeah right ). I Believe this Tax will not hurt the less money making format when I see The Kansas City Royals vs The Pittsburgh Pirates in The World series.

 

[KarsonWithaK]

I would have to imagine that the fee would be based on a percentage of revenue. So, the argument that one format would be more harshly burdened than another, might be moot.

And The Act of 96 help local radio ownership ( yeah right ). I Believe this Tax will not hurt the less money making format when I see The Kansas City Royals vs The Pittsburgh Pirates in The World series.

The Florida Marlins have won a few titles with one of baseballs smallest payrolls.

 

[ArtSpooner]

I understood what you meant by AKA. I was just correcting you because I tend to be pedantic at times.......a definite character flaw.

I still don't see why this law should affect black radio stations more than others. Do they have to pay a higher rate?

NO!!!!!!! Black format stations ( Urban,Urban A/C,Black Gospel,Urban oldies )make less money on average than other radio formats ( Rock,Active Rock,Top 40,New/Talk,AC,Hot AC), if this bill pass a large number of Black Format stations may be taken off the air.
[/quote]
Why do they make less money? Don't they know how to run their businesses?

 

[Nate Wesley]

Congressman John Conyers from the Congressional Black Caucus is sponsoring a Performance Tax Bill that could put the majority of Black Radio Stations, Pirates and others out of business if the House and the Senate gets their way. Clear Channel, Radio-One and other radio medias will feel this effect.
From Kiss 108 all the way down to Hot 97. Right now, radio stations currently are playing artist's music for free; but that could all change if this bill passes and goes into law, forcing Black radio stations and others to start paying these music artist that will not see one dime of that money that's really going overseas to these major record labels rippin off these artist...AGAIN!

Question:
If U.S. Congressman John Conyers helps to get this bill pass through the House and the Senate, should President Obama veto that bill? That is a disgraced of what John Conyers is doing.

More information:
http://realityradioonline.com/

More of what John Conyers is doing by trying to destroy Black radio stations and others.
http://www.youtube.com/watch?v=RTJTqoZxZ70

Sir, you lack facts. A LOT of facts!

 

[Nate Wesley]

The bit about the Performance "Tax" going to foreign companies instead of "local" radio is a huge pile of manure. Who lent the money to Clear Channel, Cumulus, Citadel to fund their credit facilities and to what country is Clear Channel, et al paying interest on their debt? When the $20 billion privatization transaction occured the banks who provided funding to Bain Capital were:
Citigroup, Deutsche Bank, Morgan Stanley, Credit Suisse, Royal Bank of Scotland, and Wachovia

3 of that list are not U.S. banks, and it's anyone's guess how much of the funds for the three "American" global banks was raised in the U.S. Capital market. Since then, the situation has just gotten less clear with their billboard company selling bonds and then lending that money to the parent corp. A large portion of Clear Channel Outdoor's assets and revenue are from Europe.

Mega-Radio companies funded by global equity firms using foreign capital crying "buy american" is just trying to appeal to the xenophobia of Bubba. I think they way over-estimate that people actually care if the mega radio companies vanish some day. The truly local radio stations, maybe.. I'm certain Clear Channel spends almost nothing in the local area. The "local" programming is coming from another city an hour's drive away.

The thing that is the most hard to defend is when I see a news/talk station with an ad about the Performance Tax.... or news/talk stations who claimed to have stopped streaming due to the CRB/Soundexchange royalty.... ummm you're not playing music, other than perhaps an incidental music fee

Thank you for bringing some sanity into this discussion. Given the hundreds of millions of dollars thrown down a hole for acquisitions, HD Radio, and lobbying via NAB to kill any legislation that might dare make broadcasters do something to justify their community licenses--any notion that new performance fees will 'kill' radio are downright laughable.

Corporate radio hasn't been shameful in slashing local costs before--they'll find a way to either play less music or almost no music at all. (These new FM talkers full of syndicated shows haven't been appearing by accident.)

 

[rapking]

I would have to imagine that the fee would be based on a percentage of revenue. So, the argument that one format would be more harshly burdened than another, might be moot.

And The Act of 96 help local radio ownership ( yeah right ). I Believe this Tax will not hurt the less money making format when I see The Kansas City Royals vs The Pittsburgh Pirates in The World series.

The Florida Marlins have won a few titles with one of baseballs smallest payrolls.

And they blew up the team the next year.

 

[rapking]

I understood what you meant by AKA. I was just correcting you because I tend to be pedantic at times.......a definite character flaw.

I still don't see why this law should affect black radio stations more than others. Do they have to pay a higher rate?

NO!!!!!!! Black format stations ( Urban,Urban A/C,Black Gospel,Urban oldies )make less money on average than other radio formats ( Rock,Active Rock,Top 40,New/Talk,AC,Hot AC), if this bill pass a large number of Black Format stations may be taken off the air.

Why do they make less money? Don't they know how to run their businesses?
[/quote]Why can't every store make money like Walmart ?

 

[nd2023]

Good luck trying to make the pirate stations pay royalties. Or even their $10000 fine.

 

[rapking]

Pirate radio stations give the pubic what they want, A Good Radio station. A large amount of Legal music stations dont give a SH-- about the public . AMERICA LOVE PIRATE RADIO STATIONS !!! Touch-FM and Hot FOREVER !!!

 

[DG02816]

I'd make encouraging pirate radio activity a Federal offense.Heavy fines and long prison terms. As an engineer who tries to keep the station I work at running legally, this kind of tripe pisses me off to no end. If these clowns want to be on the air THAT badly, why the hell don't they all get together, pool resources, buy time at a brokered station or try to buy an AM? I'd much rather that than see Federal law flouted, for whatever trumped-up reason...

 

[carmen]

buy time at a brokered station or try to buy an AM?

well why don't you?

i noticed 1550 and 1600 were both running 'buy time on our station' 30-minute ads simultaneously yesterday. radio's dead (save for the few caribbean immigrants and their $200 ebay-special transmitters mounted on chimneys). find a new thing to whine about..