Fair Music Royalties: New Payments for Artists from Terrestrial Radio.
This Act extends the requirement to pay royalties for the public performance of sound recordings to traditional (terrestrial) radio stations. This change ensures that artists and copyright holders receive compensation for music played on the radio, a requirement previously limited mostly to digital services. Crucially, the bill establishes very low, fixed annual fees to protect small local broadcasters.
Key points
Terrestrial radio stations must now pay performance royalties for playing music, creating a new revenue stream for recording artists and producers.
Small broadcasters (with revenue under $1.5 million) are protected by fixed, nominal annual fees ranging from $10 to $500.
The law mandates that the value of radio promotion (how radio play affects record sales) must be considered when setting standard royalty rates.
Status:
Introduced
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