Radio’s Bruising Quarter Is About to Trickle Down to Publishers and Songwriters

The music industry should be ready for its own revenue declines, as  radio’s woes will flow downstream to songwriters and publishers. Because stations pay performance royalties based on revenues, not fixed amounts, they have paid PROs royalties commensurate with first-quarter declines. And if PROs collect less money, they will pay fewer royalties.

Source: Radio’s Crushing Quarter Is About to Trickle Down to Publishers and Songwriters

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