Internet only streaming companies are perpetuating a fraud against the American public by using the term "radio" to describe what they do. They even falsify the use of call signs and FM in their names. You can’t use the term, “.inc” in your company name if you are not a corporation. Why can you use call signs and FM if you’re not an FM broadcaster?
I have encountered a lot of 20-somethings lately that think "radio" means "internet" and it devalues the technology of radio, because anyone can start streaming music for a few hundred bucks without a license, FCC approval, regulatory compliance, training or infrastructure.
For the last ten years, Internet streaming companies have stolen intellectual property first, then got held for ransom on the other end of the negotiation agreeing to usurious licensing and royalty rates so they didn't get sued out of existence. They funnel all of their unearned VC funding over to the major labels and then have the audacity to demand that radio broadcasters must pay the same performance royalties that they inflicted upon themselves by virtue of their “take first and ask for forgiveness later” business models.
How about enacting legislation that requires Internet only streaming companies to comply with the same licensing requirements that radio stations have to comply with? How about enacting legislation that prevents Internet only streaming companies from sharing network resources? How about obtaining FCC approval for licensing? How about enacting decency standards?
Is NAB ever going to flex some muscle and press any of these issues, or are they just going to roll over for the Internet industry?
I have encountered a lot of 20-somethings lately that think "radio" means "internet" and it devalues the technology of radio, because anyone can start streaming music for a few hundred bucks without a license, FCC approval, regulatory compliance, training or infrastructure.
For the last ten years, Internet streaming companies have stolen intellectual property first, then got held for ransom on the other end of the negotiation agreeing to usurious licensing and royalty rates so they didn't get sued out of existence. They funnel all of their unearned VC funding over to the major labels and then have the audacity to demand that radio broadcasters must pay the same performance royalties that they inflicted upon themselves by virtue of their “take first and ask for forgiveness later” business models.
How about enacting legislation that requires Internet only streaming companies to comply with the same licensing requirements that radio stations have to comply with? How about enacting legislation that prevents Internet only streaming companies from sharing network resources? How about obtaining FCC approval for licensing? How about enacting decency standards?
Is NAB ever going to flex some muscle and press any of these issues, or are they just going to roll over for the Internet industry?