NAB Opposes Radio Performance Royalty
The statement continues, “We thank the 138 Representatives and 18 Senators who are currently cosponsoring the Local Radio Freedom Act, which acknowledges the long-standing connection between radio and the music industry as well as the tremendous service hometown radio provides to local communities every day.”
In conclusion, Smith said, “Broadcasters remain open to working with the record labels to reach a comprehensive and reasonable solution to this issue that reflects the incredible value provided by local radio to musicians, labels and our millions of listeners over-the-air and online. It is unfortunate that the record industry refuses to have those discussions.”