A group representing 10,000 commercial radio stations has filed a lawsuit against Irving Azoff’s Global Music Rights, hoping to force the performance rights organization to submit to Department of Justice-controlled pricing, similar to other PROs ASCAP and BMI.
GMR was created in 2014 by Azoff and Madison Square Garden Entertainment as a way to generate more revenue for its songwriters. Unlike other PROs, GMR was not governed by a 75-year-old consent decree that controlled how much it charged radio stations, venues, restaurants and other commercial music users for the performance of music within its repertoire.
Source: 10,000 Radio Stations File Suit Against Azoff’s Global Music Rights – hypebot
In a keynote address at the National Music Publishers’ Assn. legendary music industry executive Irving Azoff called upon the music industry to work together.
“The music industry has never been more powerful and popular and we as an industry have never done a shittier job of rallying together as one industry,” Azoff said. “We should work together to solve the root of the problem” — fair compensation. “I had one artist who was making $450,000 a year between all of his royalties,” Azoff said. Now after the digital revolution, he is down to making “$40,000 a year.”
Source: Irving Azoff Calls on Music Industry to ‘Work Together’ in National Music Publishers’ Assn. Keynote | Billboard