Description: Charles Feldman, Vice President of Writer/Publisher Relations at BMI, talks about tracking royalties. He explains that the music industry has revolutionized the system of tracking royalties. Historically, companies took a scientific sample of 500,000 hours of radio. However, the music industry has incorporated new technologies. Feldman shares that companies are able to track each radio performance on the largest revenue generating radio stations. Also in this segment, he shares that royalties are distributed on a quarterly basis.
Shoot Date: Jan-06 |