19 Dec Radio Groups Sign Music Royalty Agreements Without Congressional Involvement
Entercom Signs Another Music Royalty, OTA Revenue Deal
During the recent House Judiciary Subcommittee hearings on streaming music performance royalties, several lawmakers suggested that rather than waiting for Congress to reorganize the streaming fee contracts, that radio groups and labels work out their own deals.
Some groups, like Clear Channel and Entercom, have begun doing that. Earlier this year, both radio groups signed deals with Big Machine Label Group in which they agreed to pay an on-air performance royalty in exchange for more favorable streaming royalties.