(In an effort to keep you fully informed, and fully entertained, below we present today's FYI and TMI — news you need and news that's, well, sometimes needless….)
Clear Channel, Pandora Form Internet Radio Fairness Coalition
Radio conglomerate Clear Channel and Internet radio service Pandora are among the founding members of the Internet Radio Fairness Coalition, a group of companies, trade associations and advocacy groups that are advocating for lower webcasting royalty payments for sound recordings. The group derived its name from the Internet Radio Fairness Act of 2012, which was introduced earlier this month. In June and September, Clear Channel announced direct licensing agreements with Big Machine Label Group and Glassnote Records, respectively. On Tuesday at a GRAMMY Foundation event, Big Machine Label Group CEO Scott Borchetta stressed that his and other private sector deals should encourage, not replace, legislation. "Ultimately, it requires legislation [creating an artist performance right for broadcast radio]," Borchetta noted. "It may take several free market agreements to get to legislation, but I truly hope that it does land with legislation." The Recording Academy opposes the Internet Radio Fairness Act as it would substantially reduce royalty payments to artists previously agreed to by Pandora.
Noel Gallagher: "Musicians Are F***ing Idiots"
When Noel Gallagher advised, "Please don't put your life in the hands/Of a rock and roll band who'll throw it all away," he was serious. According to a recent report, the former Oasis member and current frontman for the High Flying Birds doesn't put his life in the hands of any musicians other than himself. When asked in a recent interview if he'd consider forming a supergroup with other British musicians, the hot-tempered brother of Liam Gallagher replied, "Oh, f*** that. I don't f***ing mix with anybody — British or any other musicians. I tend not to hang out with musicians. You know why? Because they're f***ing idiots." It looks like there won't be an Oasis reunion in the near future. But that's OK, because brother Liam plans to rock pat retirement age. "As long as you look cool, have a good pair of jeans and a good head of hair then crack on with it, man. That's what I'll do," he said in a recent report.