Internet Radio Crisis an Opportunity For Indie Music
Internet radio stations are facing their final days due to a huge, and in my opinion, unjustifiable increase in the statutory royalty rate paid for playing copyrighted recordings. You can read an account, and some of the reaction, here. At the risk of being incredibly annoying, let me say that I think we can find the lemonade in these lemons.
There may be an incredible opportunity here for do-it-yourselfers and true independent labels. With the internet stations finding most music off-limits because of the huge royalties required, any music that comes to those stations with an individual license waiving the right to collect statutory royalties should have an excellent shot at getting played - and played a lot. Sure there’s some extra work and extra record-keeping involved for the music owners, but it’s well worth it to be able to get your small release played to real people.
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