« | Home | »

Billy Joel Rihanna Fight Internet Radio Fairness Act

November 17, 2012 05:28 PM by Donna W. Martin

Billy Joel and American Idol guest star, Rihanna along with many other musicians are standing together to fight the Pandora backed Internet Radio Fairness Act. In all, more than 120 artists have signed an open letter written to congress asking for the rejection of the Internet Radio Fairness Act. What’s all the fuss about? Take the jump to get all the details!

According to Reuters, “Pandora is a mostly advertising-supported online music company, founded more than a decade ago, that streams songs through the Internet. In October, it said its share of total U.S. radio listening was almost 7 percent, up from about 4 percent during the same period last year. But Pandora’s success has been double-edged – the more customers it gains, the more money it has to pay overall for rights to stream music.”

Pandora Media Inc is lobbying lawmakers in the U.S. congress in an effort to get the Internet Radio Fairness Act passed, which would significantly change the regulations surrounding how artists are paid royalties for their music.

According to Inquisitr, the open letter to congress signed by more than 120 artists says that while the artists are fans of Pandora’s radio, they argue that the Internet Radio Fairness Act is unfair to them. This is because if the Act were approved, it would cut royalties on their music by 85 percent.

An excerpt from the letter reads, “Why is the company asking Congress once again to step in and gut the royalties that thousands of musicians rely upon. That’s not fair and that’s not how partners work together.”

According to SoundExchange President, Michael Huppe, This issue is critical to the tens-of-thousands of recording artists we represent – all of whom rely on this digital performance revenue stream to make a living … It is important that we protect artists and the long-term value of their music, which is, after all, the foundation of Internet radio.”

But Pandora argues that the Internet Radio Fairness Act would level the playing field among them and other traditional radio stations and satellite radio providers because Pandora is currently paying higher royalties than the other radio outlets for the same songs.

Pandora explains, “We are asking for our listeners’ support to help end the discrimination against Internet radio … It’s time for Congress to stop picking winners, level the playing field and establish a technology-neutral standard … The current law penalizes new media and is astonishingly unfair to Internet radio.”

What do you think about the Internet Radio Fairness Act? Do you agree with the artists? Or do you agree with Pandora? Post a comment below and let us know where you stand.

Want more? Follow our tweets on Twitter and like us on Facebook! Click here for more information about American Idol. For other great reality TV news, please feel free to check out SirLinksALot: American Idol.

Photo Credit: FOX

Topics: American Idol, FOX Reality TV Shows |

« | Home | »

1 Comment »

One Response to “Billy Joel Rihanna Fight Internet Radio Fairness Act”

  1. John Says:
    November 17th, 2012 at 9:02 pm

    Pandora is right. The artist are claiming that Pandora has skyrocket revenues, who cares about revenue when you are not able to make profit. Do they think Pandora is a non profit organization that is just there to make money for their employees and the artist. If Pandora is wrong, then they should increase the rate on satellite and cable.

Comments



SheKnows Entertainment