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Kein Entrinnen.
The recording industry scored a significant victory today with news that the Obama administration will provide its “strong support” for the Performance Rights Act. The bill would force over-the-air radio stations to start coughing up cash for the music they play; right now, the stations pay songwriters, but not the actual recording artists.
This has been a dream of the recording industry for decades, but it has taken on new importance as the revenues from recorded music have plummeted over the last decade. The broadcasters refer to the idea as a new “tax” that will largely benefit foreign record companies such as Universal (France), Sony (Japan), and EMI (UK).