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Copyright Royalty Board Announces SoundExchange Audits of Broadcast Companies

Maybe. This one had the participation and approval of everyone, including the NAB.
Then, IMHO, the NAB shot itself in the foot by not pushing hard enough for shorter terms. The proof is in its gasping for breath today at the ever bloating streaming royalties being demanded of radio.

I doubt it. The people with power are the ones who favor the longer terms.
Well, yeah, naturally the super rich and powerful favor remaining that way. Their problem is, the rest of us don't care what they want.
 
Then, IMHO, the NAB shot itself in the foot by not pushing hard enough for shorter terms. The proof is in its gasping for breath today at the ever bloating streaming royalties being demanded of radio.

Sometimes you have to compromise on some things to get the bigger deal done. In this case, had radio not been there, some of the other entities would have forced the label royalty on broadcast radio. By being part of the process, they were able to stop that from happening.
 
Sometimes you have to compromise on some things to get the bigger deal done. In this case, had radio not been there, some of the other entities would have forced the label royalty on broadcast radio. By being part of the process, they were able to stop that from happening.
Compromise is, of course, a part of life. But I'm sure they developed the parameters of that particular compromise well before they were aware that streaming would one day be their primary hope for financial survival.
 
Compromise is, of course, a part of life. But I'm sure they developed the parameters of that particular compromise well before they were aware that streaming would one day be their primary hope for financial survival.

No, the Music Modernization Act was done in 2018
 
Then, as I said. I don't recall streaming being on most radio people's minds as radio's primary hope for survival 7 years ago.

That may be your memory but iHeart and CBS started their streaming platform more than 15 years ago. I've been talking about it here for at least that long. As I said, the main thing radio companies want from the music industry is the same discount on streaming royalties they have with the PROs. That's been one of the sticking points since 2009. The music industry wants a royalty on broadcast, and radio says not unless we get a discount on streaming.
 
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