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Small broadcasters score as US Performance Royalties Act progresses
By CMU Editorial | Published on Friday 15 May 2009
Smaller US broadcasters scored a surprise win on Wednesday as the House Judiciary Committee voted 21 to 9 to send the Performance Royalties Act, those previously reported proposals to revamp America’s somewhat lacking radio royalties system to the music business’ advantage, to the House Of Representatives for a full vote. During a three hour hearing, three amendments to the bill were proffered, but only one, which reduced fees to smaller radio companies, was passed. The move, we think, could hinder or at least delay the US music business’ attempts to establish a radio royalties environment in America that mirrors more closely that in Europe.