Radio Station Royalty Bill Could Pay $1B a Year to Artists, Record Companies
Date: Monday, September 13, 2010 @ 12:58:58 UTC

A new federal report shows why the recording and radio industries have been fighting so fiercely over royalty-related proposals before Congress. The Government Accountability Office report estimates that the legislation, which would require radio stations to pay royalties to recording artists each time they play their songs, could put between $258 million and $1.3 billion annually into the pockets of musicians and record companies. Complete Article

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