The industry responds to Nadler

NAB Executive VP/Media Relations Dennis Wharton jumped on Rep. Jerrold Nadler’s proposed legislation, saying, “It fails to recognize the unparalleled promotional value of local radio airplay and kill jobs at America’s hometown radio stations.”

Wharton continued, “We continue to support private, company-by-company negotiations that are driven by the free market, as was reflected by the recent deal between Clear Channel and Big Machine Label Group. We’re pleased that 177 House members and 22 U.S. Senators agree that America’s local radio stations should not be subjected to job-killing performance tax legislation that would divert millions of dollars to offshore record labels.”