Bill to Ensure Fair Play for Radio Play
A group of recording artists, managers and peak industry bodies today welcomed Senator David Pocock’s Fair Pay for Radio Play Bill, announced in Canberra.
The Bill seeks to rectify an anomaly, legislated 55 years ago, which prevents the recording industry from negotiating a fair rate for sound recording royalties paid by radio. Currently, recording royalties are capped at 1% of commercial radio revenue and 0.005c per head of population for ABC Radio: Australia is the only country in the world with this sort of copyright law.
Check out the media release from PPCA, AIR & AAM here