Bill Could Save Internet Radio > WTF is wrong with this world

WTF is wrong with this world

Broadcast radio helps promote new music, so they're helping the RIAA by stearing people to buy music.

Net radio doesn't promote music. Each radio station simply broadcasts a narrow genre of music to a pointed demographic of listeners who are totally unwilling to buy albums of artists they hear.

If you haven't already figured it out, all the marketing data has determined that in order to sell music, "the industry" must play broad swaths of tastes on every station because that's the only way to catch the majority of your customers.

Allowing these net radio stations to play music they know their listeners want to hear (while having near perfect metrics to prove how long each listener stays, and who requests what) and introduce new music/artists from within the same genre JUST DOESN'T WORK! The listeners never become new customers for the RIAA....and they know that.

Think about it, when was the last time you or any one else, actually bought tracks or whole albums because of what you heard over Internet broadcasted radio?
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:: my trivial ramblings ::

Wonder how this will affect stations like the ones you can find on "screaming radio" or the ones you get on Audiojack? Guess I'll go back to just sitting in front of the FM stereo and go back to recording music that way. Glad I didn't toss my cassette deck.

reply to DaSneaky1D
I don't agree with your assessment that net radio doesn't translate into sales. Although music buyers in specific genre's will certainly put more $ in the used market since the labels only press a few percentage points of their catalog at any given time.

Even if this were absolutely true and net listeners never buy music, it comes down to whether the RIAA wants to collect 7.5% of net-casters revenue or not.

reply to DaSneaky1D

reply to DaSneaky1D

Re: WTF is wrong with this world

quote:

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Think about it, when was the last time you or any one else, actually bought tracks or whole albums because of what you heard over Internet broadcasted radio?

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reply to kaila

reply to AnonProxy
It's not the RIAA that gets the money. Royalty collection organizations like ASCAP and BMI collect the money. What webcasters will be paying is a percentage of what they make. 7.5% will not break anybody's bank. That's the way it should be. I don't see anything wrong with artists getting a little piece of the profits of webcasters.

reply to DaSneaky1D

reply to DaSneaky1D
That was a witty, sarcastic commentary, right?

If not, let me just say that everything I've bought on CD over the last five years has been because I heard it on Internet radio. Every single CD. Some stations (like Radio Paradise) have links to Amazon.com for every song they play. Makes it really easy to satisfy that impulse thing. Then there are ones with links to iTunes and other online services as well.
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Toolmaster of La Grange.

reply to SRFireside
That's 7.5% of gross revenue to SoundExchange for performance royalties to the performance copyright holders (record labels, aka the RIAA) in addition to what they already pay to composers via ASCAP, et. al. The CRB had set the performance royalty to effectively 100% or more.
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Toolmaster of La Grange.

reply to RadioDoc
Yes, it was totally sarcastic.

The point I was trying to make is of the stupidity by the RIAA to cut off several revenue streams:

1) Internet radio stations have a very, very accurate view of who listens genre of music they play. They know who connects, how long they stay, and what artists/songs are requested. When a new song is introduced, they know it will appeal to the listening audience, who is quite likely to translate that listening experience to a purchase.

2) Royalty payments, while they may be smaller than those from other outlets, will steadily come in. Best case, collectively, they'll make a noticeable increase. Worst case, it'll feel like earned interests.

Either way, net radio is a win/win for, both, artists and the RIAA. Sure, there are stream ripping programs out there, but that should be the least of their worries. The money lost through pirated tracks gleaned from net radio, I'm willing to bet, is null compared to perfectly formatted tracks you can rip from a cd and get elsewhere.
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:: my trivial ramblings ::

reply to RadioDoc
I didn't know performance royalties were distributed to a different organization than ASCAP and such. Still it's all the same. A rate of 7.5% is better than the per song model.

reply to DaSneaky1D
You can't be too careful around here. Most only read the comments and don't bother to read the source articles. Some barely read the comments before shooting off their own.

And I agree with you 100%. This is found money for the RIAA, but as usual they're trying to eat the goose rather than collect the eggs.
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Toolmaster of La Grange.

reply to Karl Bode

reply to RadioDoc

That's what will eventually do them in. This genie is never going back in that bottle.
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Toolmaster of La Grange.

reply to AnonProxy
the RIAA should know they "Cant stop the signal".