New Jersey Stage 2016: Issue 1 | Page 116

The Death Of SHARE BUTTON Internet Radio and why musicians should be furious at the music industry by Gary Wien Independent musicians are losing many of their best supporters because of a major increase in royalty rates charged to internet radio stations. Over 5,000 stations on live365.com are forced to shut down at the end of January and that’s only the tip of the iceberg. It’s not that these stations don’t believe in paying royalties to artists, it’s NewJerseyStage.com that the royalty rate put in place is simply unworkable. Independent musicians should be upset since internet radio stations often provide their first (and sometimes only) radio airplay. Music licensing companies are supposed to be working for artists and not shutting down promotional outlets and potential revenue sources. 2016 - ISSUE 1 Table of Contents 116