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Thursday, June 28, 2012
Clear Channel and radio broadcasting: Come stream with me
The Economist: FRANK SINATRA knew he was getting a raw deal. He could sing but he was not much of a songwriter, so he never saw a cent when most of his 300 or so singles were played on American radio. He spent years fruitlessly lobbying Congress to change a 1909 royalties law, which requires radio broadcasters to pay composers but not performers. Broadcasters—a more formidable lobby than artists or record labels—have long fought any change, arguing that airtime gives singers free publicity. But this month the artists and labels have had some good news.
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