>Understanding the Performance Royalty Tax

>Many years ago when radio was battling against allegations of payola, an illegal practice in the eyes of the government; an agreement was reached so that radio stations would pay a “tax” to songwriters for playing music on the air. It was also agreed upon that radio would not pay the artist or the performer of the song. For example if you take a popular song like “For the Love of Money” by The O’Jays, many know as the theme of Donald Trump’s Apprentice television show, everytime you hear that song on the radio, the station pays a fee to … Continue reading >Understanding the Performance Royalty Tax

>Performance Royalty Bill Expected To Be Blocked

>SoundExchange is an independent, nonprofit performance rights organization that is designated by the U.S. Copyright Office to collect and distribute digital performance royalties for featured recording artists. From FMQB Twitter update According to the NAB, a majority of the U.S. House of Representatives now opposes the controversial performance royalty rate. The Local Radio Freedom Act now has 220 House co-sponsors and 12 Senate co-sponsors. At least 218 House members are needed to have a majority and block the scheduling of a vote on the Performance Rights Act.Adding their support to the Local Radio Freedom Act are Reps. Alcee Hastings (FL), … Continue reading >Performance Royalty Bill Expected To Be Blocked

>Trae Tha Truth Files Lawsuit Against Radio One and Local Station 97.9 The Box

>Houston area rapper Trae decided to file the lawsuit after the radio station allegedly banned his music from being heard on the only local hip hop station in the city. HOUSTON /PRNewswire Houston rapper “Trae Tha Truth” (nee Frasier Thompson) will be holding a press conference at 11:00 AM on Wednesday, May 5, 2010 at the Harris County Civil Courthouse, 201 Caroline, Houston, Texas, to announce the filing of a lawsuit in the 189th District Court of Harris County Texas against Radio One Inc., which owns and operates Houston radio Station 97.9 KBXX, The Box.The civil case alleges a consistent … Continue reading >Trae Tha Truth Files Lawsuit Against Radio One and Local Station 97.9 The Box

>Performance Tax Opposed by Small Market Radio Stations

> Last week, Black broadcasters met in Washington, D.C. to discuss the possibility that a Performance Tax would cause them to go into bankruptcy. Now many small market broadcasters are facing the same dilemma, if the proposed tax is put into place by congress, you might see many stations simply go dark. As it stands now, Sirius XM satellite radio; Radio stations that stream online; Internet music services like AOL Radio, Last FM, Imeem, Pandora, and Finetune; and music download sites like iTunes, pay the artist a royalty fee. Terrestrial radio has never paid the artists or performers for the … Continue reading >Performance Tax Opposed by Small Market Radio Stations