Sunday, April 18, 2010

Nancy Pelosi hates the radio business.

The Performance Rights Act has found a supporter on Capitol Hill -House Speaker Nancy Pelosi has come down on the side of new royalties for singers, said singers, songwriters and musicians deserve to be compensated for their creativity."

"The rights of performers are not forgotten," she said. "You have an army of advocates by your side -- from both parties -- on Capitol Hill."

*This woman clearly hasn't even read the bill - nor understands what it means. The poor business decisions of Record Companies, isn't Radio's fault - nor Radio's expense to pay. Record companies plain & simple are way behind the times. We'll no longer buy $15 CD's. Record companies will simply have to make the cut-backs radio already has. Record companies will have to re-invent themselves. Artists will come to expect smaller salaries. Artists will have to play more live concerts and - again - do what Radio already has - provide more value. A concert ticket with a CD, a T-shirt with a CD - a DVD with a concert ticket.

The Performance tax is the Record Business biting the hand that feeds it. Who in the Hell would have heard of any of a Record companies artists if it weren't for radio.

Record companies have provided music free for broadcast for 80 years. We already pay songwriter royalties. If Pelosi has her way, just one thing to do - CHARGE Record companies for airplay. They'll simply be another advertiser. And let's not forget, we'll still decide who gets to advertise.