Two Texas Congressmen on Friday reintroduced a resolution to oppose sound recording performance rights on AM/FM radio -- and brought back the term "performance tax" along with it.
Reps. Gene Greene (D) and K. Michael Conaway (TX) are behind House Concurrent Resolution 16: Supporting the Local Radio Freedom Act, with cosponsor support from 72 other lawmakers (57 Republicans, 15 Democrats). It's the same proposal the two introduced in February of 2011.
"The recording industry has lobbied for a new 'performance tax,'" reads a joint statement from Greene and Conaway. "Local radio already provides free advertising and promotion for the recording industry, and these fees could put the future of these stations in jeopardy."
Recording industry group musicFirst Coalition executive director Ted Kalo points to recent voluntary marketplace deals between broadcasters and record labels (e.g. Clear Channel and Big Machine) argue against the supposed danger to radio of performance royalties.
Read more in FMQB here.
We're happy to announce our second-annual RAIN Summit Europe industry event, May 23 in gorgeous Brussels, Belgium. We'll gather with Internet radio leaders from across Europe and around the world at the Hotel Bloom for a full day of informative panels, presentations and networking.
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