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Has anyone heard about this?

PostPosted: Mon Mar 15, 2010 10:17 am
by pinkfloyd1973

PostPosted: Mon Mar 15, 2010 10:19 am
by Rockindeano
Small potatoes. It's all about satellite radio nowadays. Sirius is where it's at.

PostPosted: Mon Mar 15, 2010 10:29 am
by Don
AM/FM radio stills make up more than 70% of all music plays. The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties. This is just the record companies, under the guise of helping struggling performers, trying to recoup losses being suffered because of more artists going direct to digital and cutting the big suits out of the picture along with the continuous erosion of physical format sales (CDs).

PostPosted: Mon Mar 15, 2010 11:14 am
by Rockindeano
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?

PostPosted: Mon Mar 15, 2010 11:19 am
by Ehwmatt
Rockindeano wrote:
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?


Man that'd be nice for those guys. What says Gunny?

PostPosted: Mon Mar 15, 2010 11:29 am
by Rockindeano
Ehwmatt wrote:
Rockindeano wrote:
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?


Man that'd be nice for those guys. What says Gunny?


You know I heard Silvio talking about it, and he said "you could buy a track of homes for the yearly scratch they received from Sirius." Seriously, when is enough dough, enough? Goddamned man.

PostPosted: Mon Mar 15, 2010 11:33 am
by Don
Rockindeano wrote:
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?


They get payed just like everyone else but at a higher negotiated rate beyond what they copyright board has deemed is the fair value for digital royalties but based on a sliding scale. Whether they capture 90% of the listening audience or 10%, either way, they still get payed their negotiated percentage from what the overall money is that the satellite service rakes in.

PostPosted: Mon Mar 15, 2010 11:37 am
by Rockindeano
Gunbot wrote:
Rockindeano wrote:
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?


They get payed just like everyone else but at a higher negotiated rate beyond what they copyright board has deemed is the fair value for digital royalties but based on a sliding scale. Whether they capture 90% of the listening audience or 10%, either way, they still get payed their negotiated percentage from what the overall money is that the satellite service rakes in.


Oh ok. So if say Sirius makes 50 million or 5 million, Bruce will get the negotiated rate of said income. So the more subscriber's the more bank for these guys, basically. Hell, why doesn't Journey negotiate a 24 hour station on Sirius?

PostPosted: Mon Mar 15, 2010 11:49 am
by Don
Rockindeano wrote:
Gunbot wrote:
Rockindeano wrote:
Gunbot wrote: The issue here is that only songwriters get paid royalty for what's on the radio, unlike satellite and streaming services which pay performance royalties.


Since you know a great deal about this, how does Satellite, specifically Sirius, pay guys who have 24 hour stations, like E Street Radio, Tom Petty's Lost Treasure, The Dead Channel, and Dylan's Vault? Do those bands get paid handsomely for those 24 hour stations?


They get payed just like everyone else but at a higher negotiated rate beyond what they copyright board has deemed is the fair value for digital royalties but based on a sliding scale. Whether they capture 90% of the listening audience or 10%, either way, they still get payed their negotiated percentage from what the overall money is that the satellite service rakes in.


Oh ok. So if say Sirius makes 50 million or 5 million, Bruce will get the negotiated rate of said income. So the more subscriber's the more bank for these guys, basically. Hell, why doesn't Journey negotiate a 24 hour station on Sirius?


Sirius stock is still at one dollar compared to 4 dollars three years ago (and 70 bucks back in 2000). With these new Iphone apps that let you stream internet radio through your mobile (and car audio if you've got your Iphone or Ipod tethered in to your Aux jack), a deal with Pandora or other streaming services might be the way to go. Despite negotiating a lower royalty rate with the record companies, Streaming royalties still dwarf what you get paid through radio and satellite. The only problem is, the pie pieces get smaller because songwriters AND performers get a slice.