PUBLIC PERFORMANCE: GETTING FAIR VALUE FOR MUSIC

“Retailers have long known that the right song on the overhead speakers can keep shoppers in a store. Such is the power of music over consumer behaviour, claim the advertising executives, academics, music consultants and market researchers who are all part of a cottage industry springing up around retailers using music to attract and keep clientele.” Financial Times, August 2008 “Radio is going through transitional times. The radio experience will change even further as radio becomes more interactive. Artists and record producers will have to constantly revisit the terms on which such radio stations are licensed. It could be that radio totally transitions to a personalised online environment.” John Simson, managing director of SoundExchange “There is just no logical explanation why musicians can earn radio royalties in virtually every market of the world and yet not in the country with the world’s largest commercial radio sector.” John Smith, president, International Federation of Musicians (FIM) “A whole range of businesses, from restaurants to broadcasters, are playing recorded music to attract customers, improve productivity and drive commercial growth.” Jeremy Thorpe, PWC partner