Breaking Down the Performance Tax

Radio Business Report has done a good job of calling out the record companies – and their spin doctors – by breaking down where the money from a performance tax would go:

Right – it’s all about unknowns and working stiff musicians. That's why the companies that don’t perform anything at all get 50 percent of what is being masked as performance compensation. The other 45 percent goes to headliners... The celebrated “vital working musicians,” ... are the headliners of the [recording] industry PR campaign, but they’re hanging on to the exterior of the caboose of the gravy train the industry is trying to get out of the station with their measly 5% of the prospective PRA take. It’s convenient to talk about them, and talk about them, and talk about them some more – but to write about them, in the form of putting their names on meaningful compensation checks? Suddenly the recording industry forgets all about them.

Sunshine is the best disinfectant, after all…

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