Music Business Journal: The Peddling of Recording Rights

By 
Kyle Billings
November 1, 2013

Recent negotiations between Clear Channel Communications and Warner Music Group have sent shockwaves throughout the recording industry. For the first time on a major scale, the broadcast giant will pay performance royalties to recording artists for plays on terrestrial radio. Considering the defeated state of record sales, many hail the deal as a harbinger of equality for rights holders. Though, a revenue sharing arrangement between two industry powerhouses may shackle a steadily growing market for independent music.

 

Read the full Music Business Journal article here.

You can check out more Music Business Journal articles at thembj.org.