Internet Radio Fairness Act
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Internet Radio Fairness Act
The IRFA (Internet Radio Fairnes Act) is intended for the expansion of the digital market of broadcasting for the artists to gain more exposure and while still being compensation for their work. This proposal will create royalty rates similar to other types of broadcasting such as satellite radio and cable. What many believe this means is that Internet Radio providers want to cut royalties paid to artists.
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The Underpants Gnomes. Pandora and the Return of the Internet Radio Fairness Act.

The Underpants Gnomes. Pandora and the Return of the Internet Radio Fairness Act. | Internet Radio Fairness Act | Scoop.it
(image courtesy Southpark) In 1998 Southpark presciently lampooned the entire Dot Bomb bubble in an episode  called The Gnomes.  Essentially the Gnomes had a business plan: Step One: Collect Underp...
Erik Schemonia's insight:

I found this article and thought that it was a great way of relating and explaining this situation regarding the Internet Radio Fairness Act to a younger audience. The author of the article makes some valid points and puts what is happening into context.

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The Tide Has Risen: Five Reasons to Worry About the Internet Radio Fairness Act

The Tide Has Risen: Five Reasons to Worry About the Internet Radio Fairness Act | Internet Radio Fairness Act | Scoop.it
Let's be clear -- it's not about "Internet Radio", the Internet or Fairness. It's about money, power and lobbying, although I guess you could say it's an act.
Erik Schemonia's insight:

This article is biased but showcases some very important details relating to the Internet Radio Fairness Act. As a musician I understand this sort of arguement that the author is creating. The same people that complained about going under as businesses were bailed out three years ago and said the royalty crisis was over are now back to change things again.

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The Internet Radio Fairness Act: What it is, why it’s needed

The Internet Radio Fairness Act: What it is, why it’s needed | Internet Radio Fairness Act | Scoop.it
The 2012 campaign is almost over, which means Congress may soon be able to get back to business.
Erik Schemonia's insight:

This article explains what the IRFA is and why it is needed to to keep internet radio alive. Internet radio has been treated poorly in the past based on an 'open market' rate for royalties. These ridiculous royalty rates are leaving companies on the brink of going under and crippling the innovation of internet radio. As long as the royalty rates set by the government are considerably fair, the internet radio community could see a huge uprising.

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Rihanna, Brian Wilson, Everyone Suddenly Mad at Pandora

Rihanna, Brian Wilson, Everyone Suddenly Mad at Pandora | Internet Radio Fairness Act | Scoop.it
The Internet Radio Fairness Act would "gut" royalties, according to an open letter signed by more than 100 artists (The Internet Radio Fairness Act would "gut" royalties, according to an open letter signed by more th...
Erik Schemonia's insight:

The more I research about the Internet Radio Fairness Act, the more I start to believe that the internet radio businsesses such as Pandora are out to get more money by abusing the power of government. It makes me wonder why they should be able to change the way royalties work because they are supposedly having financial issues.

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musicFIRST

musicFIRST | Internet Radio Fairness Act | Scoop.it
musicFIRST's mission is to ensure music creators get fair pay for their work everywhere it is played
Erik Schemonia's insight:

I would consider this source to be credible and reliable. The musicFIRST coalition was founded by many organizations including SoundExchange and RIAA (Recording Industry Association of America). After reading this article, I understand more in depth why many artists and labels are angry about the Internet Radio Fairness Act and its attempts to cut royalties by nearly 85 percent.

Pro v. Cons

The Internet Radio Fairness Act will help artists and song writers reach out to more listeners and interact with them by possibly increasing the number of internet radio platforms for listeners to get music.

The IRFA proposes to cut royalties down a substantial amount.

In the days of iPhones and iAnything an artist or label should push for more opportunities to reach out to listeners. At what point do we take the good with the bad? Royalties cut for internet radio could open many doorways for new ways to reach out to more music lovers while still compensating the musician. There is a fine line here and I hope we as businesses, musicians, and listeners can adapt to whatever happens and grow in a positive way.

 

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Senator Ron Wyden | Senator for Oregon

Senator Ron Wyden | Senator for Oregon | Internet Radio Fairness Act | Scoop.it
Senator Ron Wyden | Senator for Oregon
Erik Schemonia's insight:

In my own opinion, the IRFA will be a great way to create more businesses in the internet radio community by lowering the royalty rate. In my own opinion as a musician, it could possibly be a great way to gain exposure through more radio providers but the cut in royalties will hurt many of the up and coming artists that are struggling with the rates that are set ain place already.

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