Station groups late to the streaming game are rightfully concerned that music royalty increases would likely splash into radio. I wouldn't make the dire prediction that radio will end over an increase, but it's just another piece of straw placed on the camel's back.And if you like the station you're listening to, please let your congressman know that you are against the increase, and you want local radio to survive.
No details were given beyond that. So, are they going to shut down radio stations? I doubt it. Or maybe, have one national feed for all their stations? I think it was desperate attempt by Audacy to keep themselves from spiraling further into debt and bankruptcy.
So the question is what will happen to local radio?Station groups late to the streaming game are rightfully concerned that music royalty increases would likely splash into radio. I wouldn't make the dire prediction that radio will end over an increase, but it's just another piece of straw placed on the camel's back.
Two weeks ago, I Heard on Audacy's KBZT, a company announcement that the increase in music royalties will result in the end of local radio
David would.They probably will geofence meaning you can only stream in certain areas. David E or hagerty would know More
They probably will geofence meaning you can only stream in certain areas.
BTW, the only station I know of so far that charges a monthly subscription fee for streaming is KAHM Prescott, AZ.