SoundExchange praised Rep. Mel Watt, D-N.C., for pledging...
SoundExchange praised Rep. Mel Watt, D-N.C., for pledging to introduce a performance royalty rates bill at a House subcommittee hearing last week, in a Friday statement (http://prn.to/13aOODx). The bill would require broadcast radio to pay recording artists and labels for…
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the use of their songs on the air. (See separate report in this issue). SoundExchange CEO Michael Huppe said “corporate radio -- which earns $15 billion in annual revenue -- doesn’t pay a cent to the recording artists and labels who create the art that ‘draws the crowd’ to their airwaves. We are thankful for the Congressman’s actions to remedy this injustice."