This all seems like part of a bigger trend. TV broadcasters want more money from cable companies and now recording companies want more money from radio.
When traditional sources of revenue dry up, desperate companies will look to tap alternate sources. The end result of this trend in the short term is that people in NYC can not see the Academy Awards tonight due to the Cablevision/Disney dispute. The long term results of this trend may mean a further drain on the diminishing revenues of a radio industry in a failing attempt to stabilize the diminishing revenues of the recording industry. Radio is already taking a beating.
That these attempts to raise money from radio are couched in the fiction that this is for the artists is not surprising. How else could such a tax be marketed?
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performance tax
When traditional sources of revenue dry up, desperate companies will look to tap alternate sources. The end result of this trend in the short term is that people in NYC can not see the Academy Awards tonight due to the Cablevision/Disney dispute. The long term results of this trend may mean a further drain on the diminishing revenues of a radio industry in a failing attempt to stabilize the diminishing revenues of the recording industry. Radio is already taking a beating.
That these attempts to raise money from radio are couched in the fiction that this is for the artists is not surprising. How else could such a tax be marketed?
Techdirt has not posted any stories submitted by rickyv.
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