April 23, 2009

Radio's Performance Tax

I just attended the 2009 NAB convention in Las Vegas. Job one for radio is to oppose the Performance Tax proposed by Representative Conyer and Senator Leahy. This bill, if adopted, would tax every station playing music, a minimum of $5000 per year if the station's revenue is less than $1.25M. This is a potentially devastating blow to small market radio operators already reeling from the recession in the economy.

I urge you to visit the NAB's website http://www.noperformancetax.org/ and find out what you can do to oppose the record label-led performace fee on radio.

Write your congressperson or senator and oppose this bill, and support the Resolution to Support Local Radio introduced by Representatives Green and Conoway and Senators Lincoln and Barrasso.

Please get involved.