The Future of Radio: Digital Evolution and Artist Compensation
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The Future of Radio: Digital Evolution and Artist Compensation
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About this listen
This transcript from a Billboard podcast examines the enduring relevance and shifting landscape of the radio industry. Featured guest Michael Huppy, CEO of Sound Exchange, explains how terrestrial radio remains a massive business despite significant competition from streaming services and social media. The conversation highlights a controversial US policy where recording artists receive no royalties from AM/FM broadcasts, unlike the songwriters who created the music. Additionally, the sources address the rise of digital radio, the impact of corporate consolidation, and the emerging challenges posed by artificial intelligence in broadcasting. Future legislative efforts like the American Music Fairness Act are also discussed as potential solutions to modernise performer compensation.