RIAA stamps hard on independent radio stations

The RIAA's collection body Sound Exchange has decided that it has the right to collect money from radio stations even if the artist ia not an RIAA member.

According to www.dailykos.com, the RIAA has secured the right to collect royalties on all songs regardless of who controls the copyright. Artists who want the cash Sound Exchange collects will have to join the RIAA to collect it. The kicker is that they will have to pay the RIAA for collecting the fee even if they wanted to be paid directly by the Internet radio station.

You will only get royalties if you are not signed to a major record label.

According to the Sound Exchange site, most of the money it is collecting is from indie labels which are not members of the RIAA. That means that they cannot get their artists' money. Meanwhile the RIAA sits on the cash.

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