Ever wonder why radio is still around when you are able to download podcasts, stream music (and even video) and listen to talk shows and the news all online. While we guess traditional radio still has its place in society, it seems that for the first time in the UK, royalty rates collected from online music licensing has actually exceeded that of royalties collected from regular radio. According to the Performing Rights Society (PRS) in the UK, they have found that royalties collected from online radio amount to £51.7 million, which is definitely more than the £47 million collected from radio royalties last year.
Ubergizmo , Royalties From Online Music Exceed Radio For Once In The UK, Royalties From Online Music Exceed Radio For Once In The UK
