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Pandora Wants Radio Stations To Pay For Music, Too
suraj.sun sends along an Ars writeup of the lobbying Pandora is doing now that it has secured its future, royalties-wise. Some might think it odd that Pandora is weighing in on the side of the record labels in their fight to get radio stations to pay more for the music they broadcast. "US radio stations don't pay performers and producers for the music they play, but the recording industry hopes to change that with a new performance rights bill in Congress. Webcaster Pandora has jumped into the fray on the side of the artists and labels, asking why radio gets a free ride when Pandora does not. ... With revenues from recorded music sales declining, rights-holders have turned their eyes in recent years to commercial US radio, which currently pays songwriters (but not performers or record labels)... With its own future secure for the next few years, Pandora is now turning its attention to the public performance debate here in the US, saying that the issue is a simple matter of fairness: why should webcasters have to pay more for music than traditional radio does? ... [But] the 'fairness' argument could clearly go either way. Radio might start paying a performance right; on the other hand, perhaps webcasters and satellite radio companies should simply stop paying one, relying on the old argument about promotion."
The free dutch newspaper "De pers" had an intresting article about music sales yesterday. Or rather not about music sales at all which is probably why the copier (oops sorry journalist) failed to make the connection.
The story? A pension fund was reporting they made 8% profit last year, when the entire economy had collapsed, on their music portfolio. The article told that music rights are big business with a steady reliable revenue stream and that after 10 years you have made enough profit to have paid for the purchase of the rights and from then on its pure profits.
But yeah, music sales are declining.
How can music be an extremely reliable investment for pension funds when the sales are going down? The only similar reliable investment is in things like supermarkets because people always got to eat.
How can you tell someone from the content industry is lying? They got their mouth open.
MMO Quests are like orgasms:
You may solo them, I prefer them in a group.
The RIAA giving radio a compelling reason to play independent artists is exactly what we need. They can only hurt themselves.
I find it ironic that not too long ago payola was a serious problem, and now we have this. These are the death throws of the recording industry, and I think that is a great thing.
Great Intellect...
No, you won't. These frequencies are also shared with all sorts of navigation equipment, that luckly enough radio stations contribute to. Pilots regularly use standard radio stations in place of VOR transmitters for navigation. This is one of the primary reasons that radio stations have to say their callsigns at required intervals, so pilots can identify the station should they have some sort of insturment failure which allows them to tune in, but not know what they are tuning into. Once you figure out what you're listening to, and which direction it is, you can use just a few more landmarks or another station to figure out where the hell you are.
Very useful if you're in a small craft at night with partial equipment failures, and doing so is a requirement for getting an instrument rating for private pilots.
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The imminent death of Internet radio has led me to think of ways of modifying the Creative Commons share and share-alike non-commercial license. I wish to release some music I have composed, but before I do this, I would like to craft a variant of the creative commons licence under which SoundExchange, the RIAA and their legal representatives would be subject to a $10,000,000 fine if they listen to my music, create derivative works based on it, or if they attempt enforce my rights under the copyright act.
Specifically, the license I would like should impose a crippling fine on SoundExchange in case it attempts to collect royalties on my behalf paid by services making ephemeral phonorecords or digital audio transmissions of sound recordings, or both, under the statutory licenses set forth in 17 U.S.C. 112 and 17 U.S.C. 114 or if it attempts to distribute the collected royalties to me pursuant to 17 U.S.C. 114(g)(2). The license should go beyond merely threatening the possibilityof a lawsuit--it should stipulate an RIAA-level fine against SoundExchange and its legal representatives.
If such a license could be crafted with sufficient care, and if sufficiently many musicians were to release music under this license, in time it could effectively criminalize SoundExchange, the RIAA and its lawyers.