Music GroupsPerformance Rights Act Moves Forward
The House Subcommittee on Courts, the Internet and Intellectual Property passed the Performance Rights Act today. Up for consideration is terrestrial radio's exemption from paying performance royalties for the use of sound recordings. Satellite and Internet radio are not exempt from paying royalties to the owners of the sound recordings they broadcast.
The bill will next move to the floor of the House. The Senate version of the bill is said to have far less support.
The PR reaction was swift. Go here for the musicFIRST press release and here for the NAB press release.
