The US Music Industry's Long-Running Radio Pay Dispute: Why Artists Still Get Screwed
The United States is the only major music market where artists don't receive payment when their songs are played on FM/AM radio. This peculiar situation has its roots in outdated laws, which have shaped American radio for over a century.
Michael Huppe, CEO of SoundExchange, joins host Kristin Robinson to unpack the complex history of radio, from payola scandals that once marred the industry to the rise of consolidation and the decline of tastemaker status in the streaming era. With AI-generated radio personalities and data-driven decisions on the horizon, the future of radio looks uncertain.
Despite its waning popularity, with around 8 out of 10 Americans tuning in to AM or FM radio each week, according to Pew Research, the industry still faces a significant issue: artists not receiving fair compensation for their music being played on terrestrial radio. This is a far cry from the past, when artists like Elvis Presley and The Beatles commanded exorbitant fees for airplay.
Huppe breaks down how satellite and online radio have changed the game, with platforms like Sirius XM offering targeted stations that cater to specific niches. However, this shift has also led to a decline in revenue for traditional terrestrial radio.
One key player in addressing this issue is SoundExchange, an organization dedicated to collecting royalties on behalf of artists in the US music industry. Huppe's efforts aim to promote fairness and transparency, particularly through initiatives like the American Music Fairness Act.
The conversation delves into the complexities of the modern music landscape, where streaming services have dominated the airwaves. As radio listeners increasingly turn to apps and online platforms, it remains to be seen whether traditional terrestrial radio can reclaim its place in the industry.
With AI-generated content on the rise, one thing is clear: the future of radio will require innovative solutions to stay relevant. Will SoundExchange's efforts yield significant changes? Only time will tell, but for now, artists continue to miss out on fair compensation for their music being played on terrestrial radio.
The United States is the only major music market where artists don't receive payment when their songs are played on FM/AM radio. This peculiar situation has its roots in outdated laws, which have shaped American radio for over a century.
Michael Huppe, CEO of SoundExchange, joins host Kristin Robinson to unpack the complex history of radio, from payola scandals that once marred the industry to the rise of consolidation and the decline of tastemaker status in the streaming era. With AI-generated radio personalities and data-driven decisions on the horizon, the future of radio looks uncertain.
Despite its waning popularity, with around 8 out of 10 Americans tuning in to AM or FM radio each week, according to Pew Research, the industry still faces a significant issue: artists not receiving fair compensation for their music being played on terrestrial radio. This is a far cry from the past, when artists like Elvis Presley and The Beatles commanded exorbitant fees for airplay.
Huppe breaks down how satellite and online radio have changed the game, with platforms like Sirius XM offering targeted stations that cater to specific niches. However, this shift has also led to a decline in revenue for traditional terrestrial radio.
One key player in addressing this issue is SoundExchange, an organization dedicated to collecting royalties on behalf of artists in the US music industry. Huppe's efforts aim to promote fairness and transparency, particularly through initiatives like the American Music Fairness Act.
The conversation delves into the complexities of the modern music landscape, where streaming services have dominated the airwaves. As radio listeners increasingly turn to apps and online platforms, it remains to be seen whether traditional terrestrial radio can reclaim its place in the industry.
With AI-generated content on the rise, one thing is clear: the future of radio will require innovative solutions to stay relevant. Will SoundExchange's efforts yield significant changes? Only time will tell, but for now, artists continue to miss out on fair compensation for their music being played on terrestrial radio.