The NZ Herald's John Drinnan reports on this long-running dispute between the Radio Broadcasters Association and PPNZ (representing the 4 major record co's) over royalty rates.
"The row over radio royalties harks back to last year when the radio industry challenged PPNZ price rises that might cost $9 million a year in a case heard by the Copyright Tribunal. The tribunal's decision has yet to released....
"Radio bosses are tuning up to buy music rights directly from record companies if a claim to the Copyright Tribunal falls over.
The Radio Broadcasters Association (RBA) says that is what will happen if a long-delayed tribunal case goes against them and upholds price rises by Phonographic Performances New Zealand (PPNZ)...."
Read the full article here.
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US record labels and terrestrial radio have been battling for years now about royalty payments. When satellite radio struck a deal with the record industry a few years ago to pay royalties to the owners of master recordings in addition to the performance royalties paid to music publishers, the clock started ticking.
Read more here - http://www.themusicvoid.com/2010/08/radio-ga-ga/
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