Brice S Newman of Memphis details why support for the Fair Play, Fair Pay bill is essential for all musicians and creators to support.
There are four parts to the initiative, which includes a comprehensive bill that gives music creators pay parity. First, legislation would establish a process for setting fair-market royalty rates, not some pathetic low royalty rate that is decades old.
Second, the legislation would create a performance right for artists on terrestrial radio in the U.S., so that artists can get paid when their performances are on the radio. This is how it’s done in much of the rest of the world.
Third, this legislation would close a 1972 loophole and would guarantee that veteran performers receive royalties.
Fourth, the legislation would codify royalty payments to producers — the people behind the songs. If we can make all this happen, I am sure we will be paid back many times over in good music that’s been created by musicians who deserve to make a living.
READ THE FULL STORY AT THE MEMPHIS FLYER:
http://www.memphisflyer.com/memphis/pay-the-band/Content?oid=4073778