Recording Academy Statement Re: The Copyright Royalty Board's Webcasting Decision
The CRB decision is the latest illustration of a broken music licensing system. The new rates for artists and producers are below marketplace benchmarks, while the travesty of FM radio paying nothing for recordings continues. Meanwhile songwriters’ rates are suppressed under a completely different licensing system. The latest news from the rate court is further proof of the need for the passage of broad music licensing legislation.
Daryl P. Friedman
Chief Industry, Government, & Member Relations Officer
The Recording Academy