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Business and Money

What’ll happen when Facebook stops paying for news? Here’s what happened when radio stopped paying for music

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
What’ll happen when Facebook stops paying for news? Here’s what happened when radio stopped paying for musicShutterstock

Why are musicians so keen to get played on the radio?

It can’t be because of the money.

In Australia they are paid at rates so low they come close to making streaming services look generous. By law, no radio station can be made to pay more than 1% of the station’s gross revenue for all of the music it plays, even if it is an...

Read more: What’ll happen when Facebook stops paying for news? Here’s what happened when radio stopped paying...

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