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April 25, 2009


Jeff Schmidt

Eric - nostalgia aside - it's no longer 1974.

Radio airplay is important - of course.

A lot of label people are still bonused on the 1974 systems of getting adds and spins on radio.

But radio no longer has the hit making power of the "good old days".

Where is today's Barry Manilow?

When was the last time radio created a Barry Manilow?

You correctly point out radio's power HAS been in moving units for the labels. For that power to move units it was exempted from paying the PERFORMERS of the music radio plays a royalty.

Radio's power to create stars and make hits was confined to a very specific condition - that radio was the ONLY source for mainstream music consumption.

That is no longer that case and radio no longer has that much power.

And now the power balance in the relationship has changed dramatically.

For a variety of reasons (all having to do with audiences having more choice) - radio cannot deliver the music sales it once did.

When radio can no longer deliver significantly more music sales than any other music media - why should its performance royalty exemption remain when everyone else has to pay it?

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