Musicians would lose free publicity if radio fee becomes law | tennessean.com | The Ten... - 0 views
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songplacements on 16 Feb 10Are The Record Labels Biting the Hand that Feeds Them Radio broadcasters around the country are growing increasingly concerned about the long-standing relationship with the music industry. The record labels are demanding an additional "tax" (not including the hundreds of millions of dollars paid annually to groups like BMI, ASCAP and SESAC, which goes to compensate songwriters and music publishers) on local radio stations for every song played. The music industry must be in panic mode to intentionally put a strain on the over 80 year mutually beneficial relationship that previously had radio promote record labels and artists and generate millions of dollars in music, hospitality, small-business and merchandise sales. Free local radio reaches 236 million listeners/week but record labels seem to not really give a hoot about free promo, pay up or shut down.