SoundExchange finds it “convenient” that Bunzel Media Strategies...
SoundExchange finds it “convenient” that Bunzel Media Strategies President Reed Bunzel’s Friday blog post (http://bit.ly/1jyYbas) (CD July 14 p17) is “based on a self-serving report [http://bit.ly/1nGf3Yl] commissioned by the NAB shortly following [SoundExchange President Michael] Huppe’s keynote” at a June…
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seminar, said the performing rights organization in a statement Friday. “SoundExchange has always recognized that FM radio provides some value to individual artists, but it actually does little to grow the overall pie for the recorded music industry,” it said. “SoundExchange is not suggesting a world where FM radio goes away -- we're simply suggesting a world where FM radio pays recording artists and labels fairly,” it said. “Musicians should share a piece of the $17 billion in revenue that their music helps create."