Performance Rights: US Vs. Canada

Law360, New York (June 15, 2012, 12:43 PM ET) -- The recent news that Clear Channel Media and Entertainment and Big Machine Label Group have reached a private agreement whereby the broadcasting undertaking will pay to the record label and its artists a revenue-based royalty for terrestrial radio broadcasts is instructive for a number of reasons.

Here is what the agreement accomplishes: At its most basic, the agreement will result, for the first time in the United States, in royalties being paid to the owners of sound recordings and the performers who appear on them for...
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