December 5, 2012

AM/FM Performance Royalties Discussed In Congress

Tamlin H. Bason, "Hearing on Internet Royalties Veers Into Discussion of AM/FM Loophole" (BNA 17 ECLR 2096).

BNA reports on a House subcommittee that held a hearing on a bill that would lower the royalty rates paid by services that offer internet radio, but that many lawmakers seemed more interested in dealing with the larger loophole: that AM and FM radio stations do not pay performance royalties.