I dont know, but i hope so. I know that for every mick jagger in the world, there are 10,000 musicians who are in the trenches and theyre all younger. Theyre all younger too. [laughter] and they depend on those royalties that theyre not getting. And, you know, lack of a performance royalty, ill just say this quickly, is kind of, its kind of a way of saying music should be free. If music should be free, im willing to have that discussion when musicians arent the only ones who arent being paid. And i really do want to hear from the broadcasters, too, because youve inherited your Business Model. You didnt create it. Your Companies Owners bought based on a value that we put in that when mr. Conyers and i try to change the law to a certain extempt, were taking away extent, were taking away value youve bought and paid for, and i want to be sensitive to everyone at the table has the red light has illuminated, so well hear from two witnesses, darrell. Whos most motivated to answer . Please. An
Recording artists and singer song writers who do value pandora because it is the only outlet, the only Distribution Platform available for them to find an audience that loves their music. Ms. Cash . That is what a lot of us are calling the exposure argument that we are seduced into thinking if we allow these performances without pay that we will get exposure therefore drive consumers to buy our records. That may or may not be true but the point still remains we dont have control over those copyrights and we are not paid fair compensation, we are not paid fair market rates. As i said before, theres no transparency about this. Its somewhat manipulative. And i feel that we end up subsidizing these multibillion dollar companies. They use our music as Something Like a loss leader to draw people in and then they make the money. And to confirm what mr. Williams said, the place that artists have the most control are sync licenses. Ive given my songs for free, my choice, to College Students mak
Sirius xm is well positioned to offer testimony on these copyright issues. In 2013, we paid approximately 325 million in royalties to Record Companies, publishers, song writers and artists. We have paid over 1. 8 billion in music royalties since we launched service 11 years ago. Id like you to take away four key themes from my testimony. First, parity. Radio is radio whether it is am, fm, satellite. All companies should pay for the music they use on the same ba s basis. Continuing to exempt the terrestrial Radio Companies that dominate radio listening with over 90 of the market and generate over 15 billion in revenue is bad policy. Copyright law does not distinguish between am and fm radio based on technology and it should not distinguish between am, mf, satellite, or Internet Radio based on technology. Second, todays copyright act creates an unfair digital disadvantage. Drawing any distinction based on the claim that some Radio Services are digital while others are not is based upon a
Reported in 1965, every time it is played, Aretha Franklin doesnt receive a thing. She would be paid if she were a songwriter. Girl recorded by the temptations, they dont receive a dime of compensation from pandora every time this popular song is played. If youre talking my payment to the record label, that is great. If they are a songwriter they will be paid. A change is going to come, stop in the name of love, the failure to pay recording artists of pre1972 recordings is not a fair business practice, and in the context of the overall discussion, it is a problem that should be voluntarily resolved, but if it is not, congress should act. Let me turn to sirius xm. I believe you do not pay performers you are in litigation, i trying ton california prevent litigation under california state law, right . There is no Public Performance under state law either. I believe that you stated your company granting a pre1972 Public Performance right would produce a pure windfall to recording artists w
Good morning, ladies and gentlemen, the subcommittee on the property of the internet will come to order. Recess of the subcommittee at any time. We welcome all our witnesses today. Let me begin by adjusting my chair. Thank you. Good morning, welcome to the second of two hearing this, two weeks ago this subcommittee heard from your, Music Industry representatives about their concerns with the state of music licensing, the right was. Looking around the room, we can conclude you have more than a passing casual interest in this issue and welcome all of you here today. At the earlier meeting on mentioned my fondness for oldtime bluegrass and country. I dont know if that fostered the popularity across the country, probably hasnt but i will continue to try to do that and i will make my Opening Statement very brief because we have a long day ahead of us but witnesses in this panel may not agree on everything but they agree music and rich as the world in which we live. Since this is part ii of