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Too many artists. The artists sign lots of contracts when they make music, with publishers, labels, agents, managers, and they all have a stake in what happens to that music. The artist might be willing, but not everyone else.
It should between the labels and radio, but the RIAA won't allow its members to do that. The only label that has negotiated directly is Big Machine. The majors haven't.
This subject has been debated by all of the players for ten years. Nobody is budging. Nobody wants to blink.
Yes, I am very well aware.
Artists can't pay for play. That's payola. We have laws here against that.
Having had a 20+ year career in radio I am very well aware of that too... and how the labels get around "the law".
Personally I think the payola law is ridiculous. I can understand the reasoning to a degree: If pay for play was allowed, a new artist may not have the funds to get their record on air. But same thing for a businessman with a new product... he may not have the money to advertise to reach a maximum audience. In my view the principle is the same.
A painter wanting to sell his/her paintings strikes a deal with an art museum.. the museum showcases the art and get a commission on the sale. In my opinion, radio is the art museum. It's not quite apples to apples, but close enough.
When there were more station owners, and less large groups, the bookkeeping and logistics for tracking such a thing would have been a night mare, but if someone can invent a medium whereby our texts are transmitted around the world in an instant, I'm sure someone could have devised a system to use.
Again.. I've outlined an oversimplification of the issue for discussion purposes. There is obviously no way to get there from here..