The first panel today "Radio Waves" featured a lively discussion about Internet and satellite radio issues. Given the recent ruling by the Copyright Royalty Board, webcasting rates dominated the discussion with many small webcasters and a couple large ones (Pandora and Live365) saying they would be forced out of business if some kind of compromise on the new rates is not found. Mark Lam, CEO of Live365 — one of the oldest major webcasters — was particularly passionate saying the new rates would eat up 75 percent of his revenues.
Fans and artists who are less than jazzed by major entertainment companies using DRM technology to lock up digital media have reason to be a little optimistic this month.
At South by Southwest last week, SNOCAP announced it had reached deals with major indies Sub Pop, Dangerbird and New Line to distribute their music via MySpace without DRM. As TechCrunch astutely points out, these labels operate under the umbrella of Warner, one of the nation’s biggest music groups. Last Fall, SNOCAP inked a deal with MySpace to allow artists to sell their music via their MySpace pages without DRM technology. read more
Future of Music Coalition fully supports the digital performance royalty but we reiterate the position that we’ve held since the first round of webcast rate-setting in 2002: we will not support "one size fits all" rates and processes that will not let small and noncommercial webcasters survive. read more
WASHINGTON, DC — The rapid consolidation of the commercial radio industry that followed the Telecommunications Act of 1996 has led to a loss of localism, less competition, fewer viewpoints and less diversity in radio programming in media markets across the country, according to False Premises, False Promises: A Quantitative History of Ownership Consolidation in the Radio Industry, a report released today by the Future of Music Coalition (FMC). read more
Are you a musician without health insurance? You’re not alone. As musicians ourselves we know there are significant hurdles to obtaining health insurance, especially if you’re trying to make a career as a musician. In 2002 we conducted an online survey to ask musicians about health insurance. Of the 2,700 folks who answered the survey, 44 percent did NOT have health insurance. This is much higher than the national average of the uninsured, which hovers around 18 percent.
In a May 2003 agreement brokered by AFTRA, the nation’s four major record labels and approximately 1,200 of their subsidiary labels agreed to make health benefits available for all artists on their rosters. The centerpiece of the agreement is an innovative structure that guarantees access to health insurance under the AFTRA Health Plan to all AFTRA covered royalty artists under exclusive contract to a label. Visit this page to learn more about this agreement, which was re-ratified in May 2008, and whether you qualify for coverage. read more
A Health Savings Account - HSA - is a new financial strategy that allows an insured person to save money in a tax-free account that can be used to pay for future health costs. It was designed to keep health care premiums down by passing some of the risk of a plan, and therefore some of the costs, to the consumer. read more