IT'S TIME TO UPDATE OLD LAWS
AND END UNFAIR PRACTICES.
Under the misnomer of the “Local Radio Freedom Act,” (LRFA) radio broadcasters are using their influence in Washington to preserve the subsidy that ensures they don't have to play by the same rules as other music platforms.
Everyone deserves to be paid fairly for their hard work. Music creators are no exception.
Through LRFA, the radio industry is renewing their effort in Congress to maintain a carveout which gives them a huge competitive advantage over innovative services like SiriusXM, Spotify, Pandora and Apple Music – it allows them not to compensate music creators for their work, while innovative services do.
There’s also nothing “local” about LRFA or radio itself. Consolidation within the radio industry over the last decade has resulted in ten radio corporations owning hundreds of stations across the country. These ten broadcast behemoths are responsible for about half of the revenue generated by the nearly $15 billion radio industry.
The U.S. shouldn’t be in the business of protecting “Big Radio” at the expense of music creators who are simply looking to be paid for their work. It isn’t fair. Congress must say no to Big Radio’s “Local” Radio Freedom Act, and yes to fairly paying music creators.