Performance tax raises concerns among radio industry

[blueyes]

 State lawmakers aren't the only ones working overtime these days.

Congressional lawmakers are also knee-deep is legislation. One bill not getting much attention until now is HR 848, the performance rights tax, and radio stations aren't happy.

The big international record labels, yes, they are looking for a bailout, and they are looking for it to come from free local radio.

Record labels want the government to impose a performance tax or fee on local radio stations for airing music free of charge. The money would be funneled to the record companies to compensate artists.


http://noperformancetax.org/

[Saffi]

Kind of silly but wasn't radio a means for artists to promote their music.That's how many stars became what they are today..getting that first song aired on the radio.I guess with You Tube and the internet radio has become a thing of the past.I see a lot of news radio in the future if the record labels get their way.How about the record label industrys not signing their "fly by night stars" for millions of dollars in the first place.Again the rich peeing on the little people.

[Davagator]

Well said Saffi!