Story by Matt Kivel

Variety's own Bill Triplett reports on a new house proposal regarding broadcast radio royalties:

"Musicians and record labels took a major first step toward winning a performance royalty as a House subcommittee passed a bill that would require such payment from broadcast radio."

"But opposition in the full House and possibly the Senate could be significant."

"Broadcasters already pay royalties -- $500 million annually, according to the National Assn. of Broadcasters -- to songwriters and music publishers. The Performance Rights Act would repeal a longstanding exemption for terrestrial radio on paying musicians and singers a royalty when their recorded work is played over the air."

Read the full story on Variety.com