From HelpSaveRadio.com:

"70% or more of the performance fees will go overseas [to ‘foreign-owned record labels'] and virtually none will come back into your districts..."

THE FACTS: OK - let's dispel this myth once and for all. According to the ACTUAL TEXT of the legislation (see pie chart below), performers receive 50 percent and sound recording copyright owners receive the other 50 percent. And since many artists own the copyright in their master recordings (more than 1,200 artist-owned independent record labels now receive royalties from SoundExchange), U.S. performers will always get more than half of the performance royalties.

Broadcasters can stretch the truth, but they can't alter mathematical fact.