VNUE Inc (VNUE)

[tedpeele]

Broadcaster Lobby vs Recording Industry Lobby:

That's $20m spend in 2018 vs $5.6

Will it be different this year? If the future of VNUE depends on Congress passing a bill to get radio stations to do things they don't want to do, and the history has been a nearly 4X money push against any change, is this really something to get excited about?

I hope it passes, just saying the odds don't look very good. Someone convince my I'm wrong about this time around please.

In the U.S. today, broadcasters comprise one of the most powerful lobbyists in the nation. In 2018, broadcasters spent $20 million in D.C. Their significant spending in Washington reflects their mission to control threats to current laws regarding music licensing, how to protect radio stations from being compelled to pay royalties to performers and copyright owners, and more.

However, another powerful music organization, the Recording Industry Association of America® (RIAA), reported in public disclosure filings their organization spent over $5.6 million in 2018 fighting, in part, to pressure lawmakers to compel AM/FM station owners to pay royalties for music usage.