The Performance Rights Act is a proposed bill that would essentially "bail out the record industry." Local radio stations would be required to pay something similar to a tax for every song that is played on the air.
Here is where the money would go:
• 50% of the money would go to the giant record labels
(most of which are in foreign countries)
• 45% would go to the artists.
• 5% percent would go to the background singers and
musicians
Not exactly a win for the little guy.
Your next favorite song may never make it to the radio. WOZZ won't be able to afford to take a chance on up and coming artists.
Radio Personalities you listen to may lose there jobs as well as other radio employees.
Radio stations may disappear from your radio. Unable to afford the tax.
Radio advertising will cost more, so advertisers will have to charge you more for their products.
Many American radio jobs will be lost, worsening our already weak economy.
For more than 80 years, radio and record labels have enjoyed a mutually beneficial relationship which has translated to as much as $2.4 billion a year in music sales for record labels and artists. (This does not include the enormous revenues from concerts and merchandising).
Now, because the record labels failed to adapt to the digital age, they are struggling and want to impose a fee called a performance tax on radio stations like WOZZ to subsidize their losses.
A performance tax will threaten WOZZ, a radio station YOU depend on!
With your help, we can make a difference. Please act now and help us by sending an email to your local Congressman and/or Representative!
