RIAA to Radio: $100 million now, $2 billion in 10 Years

Mitch Bainwol, the Chairman and CEO of the RIAA, is out of touch with the NAB.

NAB CEO and former senator Gordon Smith is assuring the radio industry that if station owners settle their suit with the music industry now instead of fighting to keep radio free of additional royalty taxes, that the radio industry will only have to pay $100 million