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Re: Chaka post# 17659

Friday, 07/02/2021 10:34:14 AM

Friday, July 02, 2021 10:34:14 AM

Post# of 22612
Very helpful article - raising some real questions:

Most radio stations are not tracked, and even when they are, they are not combined into useable data and shared with the copyright holders or rights organizations.


Yikes! Maybe the demand for what VNUE is doing won't really be there until the stations are required by law to report and it is enforced, and that's the real holdup? Maybe the savings we were told would go to the radio station were more 'theoretical' than actual?

Songwriters are compensated for radio play, but according to this article musicians and copywriter holders aren't, which is why this bill is being introduced.

Might it be that the reason Soundstr isn't deployed is because unit this bill is passed there just isn't much demand for what Soundstr can or will be offering?

Are we waiting on Congress to bring value to Soundstr that we, as investors, already thought was massively there?

If so, why didn't a similar bill pass in 2019? Will it pass now?:

Historically, similar legislation has not been approved by Congress. Marsha Blackburn (R-TN) and Rep. Jerrold Nadler (D-NY) introduced a bill, Ask Musicians for Music Act, in 2019. This bill would have allowed all music artists and owners of copyrights to work with radio stations to negotiate performance royalties for their permission to have their music played on the radio.










My philosophy is to just be honest and balanced, and let the market decide if it agrees or not.

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