FM’s Biggest Competitor Is RIAA’s Biggest Revenue Maker

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How important are such services as Pandora, Spotify, and TIDAL to the music industry?


If not for them, revenue for the record labels and imprints responsible for the tunes you’re hearing would be far less than the already diminished dollars the RIAA is seeking compared to the end of the 1990s.

It paints a picture that explains why efforts on Capitol Hill, thus far unsuccessful, to introduce new fees on broadcast radio for the airplay of recorded music were seen this year. Simply put, the recording industry’s run out of ways to make money from the sale of singles and albums.

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