Australian Recording Artists and
Record Labels Join Forces for Broadcast Fee Reform
Australian recording artists
and record companies have joined forces to seek the removal of an
anachronistic statutory price cap on the fees paid by the commercial
radio industry for the broadcast of recordings.
A law embedded in the Copyright
Act since 1969 has protected commercial radio from paying a fair market
rate for the recordings used to attract and retain listeners.
For the last 36 years,
this law has meant that Australian recording artists and record companies
have subsidised the growth and profits of the commercial radio sector.
The main beneficiaries have been the proprietors of FM radio, which
is now a $540 million a year business. The entire Australian commercial
radio sector is now a $770 million a year industry.
A coalition of recording
artists, working with Phonographic Performance Company of Australia
(PPCA) - which collects broadcast licence fees on behalf of artists
and copyright owners - welcomes the Federal Government’s decision
to review the Copyright Act to determine whether or not the retention
of the cap is warranted. The Attorney-General’s Department has
issued a discussion paper on this issue and has sought responses from
interested parties. PPCA lodged a detailed submission on 18 March.
For further information, go to www.ppca.com.au/news.htm
22 March 2005