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Statement from the musicFIRST Coalition Regarding Performance Royalty Vote by NAB Radio Board

25 October 2010

For attribution to Tom Matzzie on behalf of musicFIRST:

“While we are pleased that the radio broadcasters have for the first time acknowledged their obligation to pay the artists who are the foundation of their business, we are disappointed that they failed to vote on the deal both parties agreed upon in July. After a quick review, this new term sheet differs significantly from that agreement. We will be reviewing their term sheet further.”

MusicFIRST is on the web at www.musicfirstcoalition.org.

 

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