Home Login RADIO ONLINE RSS Facebook
Advertisement

MMTC Says 33% of Minority Outlets Would Suffer


In a release posted on its web site, MMTC encourages "fellow civil rights organizations" to oppose Performance Royalty legislation aimed at levying royalties for local airplay. The organization "conservatively estimated" that the proposed legislation "would throw at least a third of minority-owned stations over the cliff into bankruptcy."

The National Association of Media Brokers (NAMB) agrees, adding that "the imposition of a performance royalty on over-the air broadcast stations will be crippling to the broadcast industry in general, and be particularly devastating to minority broadcasters and other new entrants to the industry."

MMTC declares that there is "misinformation" circulating in the civil rights community suggesting that the legislation will not harm minority radio. "Black and Spanish radio would be hit the hardest by this legislation because these stations face the greatest challenges," said MMTC. These challenges include weaker signals, ad discrimination, and EEO non-enforcement.

According to the trade group, "the Performance Royalty legislation would require the Copyright Royalty Tribunal (CRT) take minority ownership into account in setting rates. That provision is well intentioned but meaningless. The CRT cannot set lower rates for minority radio without congressional findings, an Adarand study and, probably, appellate litigation."

MMTC also pointed to the Congressional Budget Office (CBO) report last July which said that the rates charged commercial radio stations could be "substantial" yet indeterminable.

Several civil rights organizations along with the MMTC are pursuing the narrowest possible remedy, which is a full examination of the impact of royalties on radio public service, radio ownership diversity and minority ownership particularly -- before the full House or Senate takes up the bill.

Advertisement

Latest Radio Stories

iHeartMedia Elevates Mike McGuinness to CFO Role
iHeartMedia elevates Executive Vice President of Finance and Deputy Chief Financial Officer Mike McGuinness to Chief Financial Officer, effective January 1, according to an SEC filing released Monday. The move shifts the long-held CFO responsibilities of Rich Bressler, who has carried the title since joining More

Jill Strada Adds PD Role at Miami's 103.5 The Beat
Jill Strada
Jill Strada
iHeartMedia has expanded the responsibilities of Atlanta-based Division Executive Vice President of Programming Jill Strada, announcing she will also serve as Program Director for WMIB (103.5 The Beat) in Miami. Strada shared the news on social media, calling the move a meaningful return to the South More

Veteran Programmer Michelle Matthews Dies at 54
Michelle Matthews
Michelle Matthews
American General Media's Albuquerque cluster is mourning the loss of Operations Manager Michelle Matthews, who passed away Thanksgiving morning following a battle with health issues. She was 54. Matthews joined AGM's Albuquerque group in May, bringing with her decades of programming and leadership More
Advertisement

The Money Pit Radio Show to End After 25-Year Run
The Money Pit
The Money Pit
After more than a quarter-century helping homeowners tackle projects big and small, The Money Pit Radio Show will air its final broadcast the weekend of December 27-28. The syndicated home improvement program, produced by Money Pit Media and Squeaky Door Productions, is concluding its run following the More

Urban One Reports 92% Early Tender in Debt Exchange
Urban One
Urban One
Urban One Inc. says it has received overwhelming early support for its previously announced debt exchange, tender, and subscription offers, with Eligible Holders tendering approximately $450 million of its 7.375% Senior Secured Notes due 2028 as of the early deadline on December 1. More

BFOA Urges Industry Support Ahead of Giving Tuesday
Broadcasters Foundation of America (BFOA)
Broadcasters Foundation of America (BFOA)
With Giving Tuesday set for December 2, the Broadcasters Foundation of America (BFOA) is calling on the radio and television industry to support colleagues facing life-altering hardship. The charity provides financial assistance to broadcast professionals whose lives have been More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement