Aug 6

NAB issues wish list in performance royalty debate
Today’s extraordinary meeting of the NAB Radio Board and other group executives in Washington produces this set of “proposed terms under consideration”, as a response to the pending “PRA” bill in Congress: #1, “a tiered rate of 1% or less for all net revenue (roughly $100 million for the industry) which is permanent and cannot be adjusted without changing statute or by mutual agreement.” #2, Permanent removal of Copyright Royalty Board jurisdiction over rates for both terrestrial and streaming. #3, Streaming rate reduction from current rates. #4, inclusion of radio chips – FM – in all mobile phones. #5, AFTRA issues resolved on ads that air on webcasts. The “tiered rate” would scale down to $5,000 a year for commercial stations with revenue of $500,000 to $1.25 million a year. News, talk and sports stations would not pay for the use of music. The NAB is trying to head off much more onerous terms from a lame-duck Congress.  More now at

http//:www.Radio-Info.com

Posted with WordPress for BlackBerry.

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.