The situation cited for performers is DIRECTLY attributable to the nefarious actions of record companies, not radio. The record companies made a lot more money than the radio stations - AND the performers. The performers worked for the record companies, not the radio stations.
Record companies have - and continue to - court radio airplay to promote their artists. They as much as admit that radio airplay has value to them.
Radio stations promoted the careers of talent - and insisted on burdensome contracts with non-compete clauses to protect their investment. In that case, the radio station IS acting like the record company - it derives the primary benefit of the performance.
No matter how you slice it, record companies make money because artists are exposed and promoted by radio. If they want performance rights, then they need to pay promotional fees. There is an arguement that there's a lack of balance between the promotional fees and the value of the performances. I believe that an objective look might show that radio's promotional power is MORE valuable to the record companies than any particular artist's performance.
Perhaps radio should pick a record company and simply stop playing their artists until this issue is resolved. Let's see who's hurt more. My bet is that neither side wants to really find out.
Record companies have - and continue to - court radio airplay to promote their artists. They as much as admit that radio airplay has value to them.
Radio stations promoted the careers of talent - and insisted on burdensome contracts with non-compete clauses to protect their investment. In that case, the radio station IS acting like the record company - it derives the primary benefit of the performance.
No matter how you slice it, record companies make money because artists are exposed and promoted by radio. If they want performance rights, then they need to pay promotional fees. There is an arguement that there's a lack of balance between the promotional fees and the value of the performances. I believe that an objective look might show that radio's promotional power is MORE valuable to the record companies than any particular artist's performance.
Perhaps radio should pick a record company and simply stop playing their artists until this issue is resolved. Let's see who's hurt more. My bet is that neither side wants to really find out.