Pending Royalties May Destroy Net Radio

[Cornflake the Destroyer]

from PC World:


http://www.pcworld.com/article/149972/could_net_radios_extinction_be_close.html

 

[SirRoxalot]

2.91 x 0 =

Wouldn't both terrestrial radio and satellite radio LOVE to have Internet radio disappear as potential competion - especially as wide-area wireless connections continue to expand coverage.

 

[radionut925]

Re: 2.91 x 0 =

Wouldn't both terrestrial radio and satellite radio LOVE to have Internet radio disappear as potential competion - especially as wide-area wireless connections continue to expand coverage.

The thinking here is this: higher royalty rates=potential financial windfall for the recording industry. NOT!!!!

It's just another case of flawed logic!!! Go figure!

 

[amfmsw]

RIAA, sues it's consumers, prohibits promotion of it's products, then "tax" a whole new opportunity for revenue into the ground. Idiots. The next screwing are broadcasters, who for years have paid for the programming while the record companies made billion$ off the backs of the artists.

Half a loaf is better than none. The later is what the artists, composers and labels will have, nothing. RIAA wants not just the whole loaf, but the bakery too! Sit on those mater tapes till they're worthless.

 

[KFodor]

I just read a statistic that said radio and TV together pay some 340 million dollars to BMI alone for the right to broadcast music. (That doesn't include ASCAP and SESAC.)

RIAA's supporters should think twice before they say "terrestrial radio pays nothing".

 

[candy_kisses69]

In my opinion radio stations that play music are like glorified promoters. By playing the music they are promoting the songs thus the artists. If it weren't for them also the artists wouldn't be where they are now and the record companies wouldn't have a place to promote the music. So if anybody should be getting paid it should be the radio stations especially the broadcast stations. You have to pay for promoters to promote in other areas of business.