
Amid protests by black radio stations back home in Detroit and growing opposition on Capitol Hill, House Judiciary Chairman John Conyers is stressing important carve-outs in a bill he introduced that would end a long-standing royalty exemption for AM and FM broadcasters. Conyers, whose committee approved his bill last week, released a statement Tuesday touting modifications he made to the bill with the help of Congressional Black Caucus members. The amended measure creates a sliding scale where small stations would pay as little as $500 a year. Three-quarters of America's radio stations will be eligible for the scale and 90 percent of black-owned stations would be protected, he said. Additionally, all music stations that gross less than $1.25 million annually will be eligible for a flat fee. Read more...
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