Will ‘perfect storm’ of problems doom Black radio?

NEW YORK – - Activists and advocates recently failed to stop movement on a congressional bill related to the radio industry.… With Michigan Democrat John Conyers’ success bringing the legislation, “H.R. 848, The Performance Rights Act,” out of committee and a step closer to congressional vote, Black station owners and their defenders say the bill will help push the already struggling stations out of business.… The bill which will require all radio stations to pay royalties for playing music, combined with revenue losses in a bad economy, corporate takeovers, and skewed ratings used to snag dwindling advertising could mean the loss of an important source of information. [read more…]

by Saeed Shabazz | Staff Writer for FinalCall.com | Posted: 29 May 29 2009