Over the weekend, WBEB-FM, Philadelphia owner Jerry Lee pulled the plug on his station's
Internet stream and in doing so he became among the first to stand up to the music industry.
Lee had about enough when the new Internet royalty rates were most recently announced.
Lee's big issue is that the industry has absolutely no bargaining leverage in setting rates. In 2015 and beyond the rates will likely just keep increasing.
But he also has issues with Internet streaming for terrestrial broadcasters: "If we have helped our listeners migrate to streaming, radio will become a very bad business".
Your first&hellip
Recent Posts
- Radio's New Global Capital Play
- Why Billionaires Keep Buying Dying Linear Media
- How Radio Is Dealing with Fake AI Music
- How to Make Pittman & Berner Money
- A Third Cumulus Bankruptcy?
- Beasley’s New Re-fi Drama
- Astonishing “Going Concern” Verdicts
- iHeart’s SiriusXM Non-Merger
- iHeart/SiriusXM Merger -- Seriously?
- Beasley Restructuring Reality Check


