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Radio Royalties Bill Moves a Step Further

Posted by: Olga Kharif on June 26, 2008

This morning, House Subcommittee on Courts, the Internet, and Intellectual Property passed the Performance Rights Act, which seeks to charge terrestrial radio stations additional royalties for playing songs.

Clearly, this is a big win for the music industry. A note of caution, however: This same subcommittee has passed similar bills before. Congress has attempted to pass legislation mandating additional radio royalties since at least 1970s. All prior bills failed to pass Congress. It’s not clear yet that this go-round will be different.

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Bloomberg Businessweek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, and Douglas MacMillan, dig behind the headlines to analyze what’s really happening throughout the world of technology. Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.



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