Right now, we are in the middle of a congressional debate on The Performance Rights Act, which would give royalties to not just songwriters but performers. Seeing as the majority of songwriters are also performers this would do a great service to their artists – whose interests they are supposed to be supporting – by increasing the money they are getting paid. Instead, while a debate rages on that is already stacked against The PRA, the bright minds at ASCAP and BMI decided to strengthen big radio’s argument against the act that states they already pay out so much money that legislation would cripple radio’s business model. Instead of waiting for the legislation to go through the congressional body, the greed of these foolish companies has yet again conquered the best interests of their clients. If you are a member of ASCAP or BMI and agree with my stance on this issue, please email your rep and tell them to lobotomize their strategists and get a clue.
Not a month goes past without seeing the short sighted failures of what ASCAP and their sometimes partner in foolishness BMI, are going through to make a buck these days. While no one can blame the two for going after radio stations to try to make their artists more money – seeing as it is the very purpose of what their organization is supposed to do for their artists – they may have picked a more opportune time to start pulling out the crowbar and knocking on radio stations doors to get a royalty increase.