SoundExchange Wants More Money

by on August 6, 2007 · 0 comments

Via TechDirt, Wired reports that SoundExchange, the cartel for the major labels collective licensing authority for digital music, has been lobbying for Congress to make terrestrial broadcasters pay royalties for playing music on the air. That despite the fact that radio stations have been legally entitled to play music without royalties (to the band—I believe they have to pay statutory royalties to the songwriter), and despite the fact that the labels beg and plead with radio stations to play their songs more.

Cato chairman Bill Niskanen wouldn’t be surprised.

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