Senator Wyden Defends Internet Radio Fairness Act
November 14, 2012

Sen. Ron Wyden (D-OR) gave a keynote address on Tuesday at the Future Of Music Summit, defending the proposed Internet Radio Fairness Act. Wyden told attendees that "Music is still dominated and controlled by a couple of multinational corporations who, in effect, act like a duopoly to maximize their profits, not maximize the compensation of artists and not maximize musical choice."

Wyden is the lead Senate sponsor of the bill and argued that the current royalty rates are unfair to webcasters because they are held to a different standard than cable or satellite radio services. He added that "It is the job of policymakers to ensure that the law and public policy doesn't favor one business model over another, and particularly, that it doesn't favor incumbents over insurgents. We've got to make sure that the past doesn't get a leg up on the future."

The Senator also took aim at the major record labels, saying that "For much of the last half century, the music business has essentially been a vertically-integrated industry managed by a few big record companies. These are the companies -- these record companies -- who in my view are using uncompetitive practices to crowd out the competition on radio and TV and record stores and elsewhere."

He continued, "They are the people that made 'payola' a household word. The result in my view is less artistic innovation, and fewer innovations that will be widely shared and consumed. Now, if it weren't for the disruptive independent record labels -- I'm talking about people like I.R.S. and Sub Pop and Tim/Kerr -- we might never have known much about bands like R.E.M., and Nirvana and The Replacements, who I just told you I don't want to dedicate a lame duck session of Congress to, but I sure want us to remember their enduring influence on not just rock music, but on their contributions to our culture and an entire generation."

"I personally think if the royalty rates are lower, the Internet broadcasting market becomes larger, and that's a strategy for creating more income for artists, more music choices for consumers and a broader array of music," Wyden added.

Sen. Wyden's comments can be read here (via Digital Music News). 




 
Breaking News
Entercom Charlotte Names Michael De Amicis Director of Sales
Entercom Charlotte Signs Contract Extension with Bo Thompson
April 27, 2017
iHeartMedia And Elvis Duran Announce New Long-Term Agreement
SiriusXM Acquires Automatic Labs Inc.
Insomniac & iHeartMedia Launch EDC Radio Exclusivley On iHeartRadio
April 26, 2017
Cox Enterprises Names Alexander C. Taylor President/CEO
Delilah Inducted Into NAB Broadcasting Hall of Fame
April 25, 2017
CBS Radio Unveils New "Airtime Analytics" Measurement Tool
Entercom Rochester Names Michael “Mud” Gross PD At WCMF-FM
IFPI Report: Global Recorded Music Revenues Increase by 5.9%
Tom Calococci Joins Sheet Happens Prep For Affiliate Relations/Content Creation
CBS Radio Stations Take Home 25 Regional Edward R. Murrow Awards And 4 Overall Excellence Awards
April 24, 2017
Coran Capshaw To Be Honored With City of Hope's 2017 Spirit of Life Award
Cumulus Appoints Nic Merenda VP/Market Manager For Topeka, KS
Alpha Media Brings Throwbacks To San Antonio
iHeartMedia St. Louis Names Jules Riley PD For 93.7 The Bull
J. Anthony Brown Joins The Steve Harvey Morning Show
April 21, 2017
eQB NOW
Cumulus Promotes Heather Gersten To APD At WWLI/Providence, RI
April 20, 2017
iHeartMedia Washington, D.C. Names Tommy Chuck PD For WASH-FM
iHeartMedia Names Jeff Wyatt SVP/Programming For Baltimore, MD
Radio One DC Expands WMMJ-FM Listenership
April 19, 2017
CBS Radio's 'SPF" In Las Vegas Expands To Two Nights With Linkin Park
Music News
Deluxe Reissue of Purple Rain Set for June 23 Release
Harry Styles Sets Massive 2017 World Tour
Jack White Inks Publishing Deal With UMPG
Quick Hits: Katy Perry, Fall Out Boy, Haim
Kendrick Lamar Earns Biggest Chart Debut of 2017, Announces Tour
Quick Hits: Haim, Katy Perry, Madonna
Quick Hits: Harry Styles, Beyonce, Bumbershoot Festival, Life is Beautiful Festival, Phoenix, Paul McCartney, Elton John, Madonna
Quick Hits: Tori Amos, Kings Of Leon
Quick Hits: Beyonce, Rise Against
Prince EP Release Blocked By Lawsuit
Paramore Announce New Album After Laughter
Controversy Over New Prince EP
Quick Hits: NIN, QOTSA, Coldplay, Big Boi
FMQB Retro-Active: A Look Back at ELP
The Chainsmokers Debut Atop Billboard 200
FMQB NOW

Nikki Nite,
VP of Prog. & Ops,
Entercom/Austin

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!