NAB's Smith Talks Royalties With Politico

'I have a lot of sympathy for the performers'
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'It used to be that people would hear songs on the radio, like them and buy the records. Now, instead of buying, they take them off the Internet. That's not radio's fault.'

NAB President/CEO Gordon Smith talks this week to Politico.com about performance rights.

Among other things, Smith says in the interview: "I have a lot of sympathy for the performers. When I was on the Senate Commerce Committee, we tried to help because the Internet had broken their business model. Not radio. Due to the invention of illegal downloading sites, people began stealing artists' product without promotion or compensation. It used to be that people would hear songs on the radio, like them and buy the records. Now, instead of buying, they take them off the Internet. That's not radio's fault."

Read it here.

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