‘This is not a free market’: Commercial radio chairman argues against removing royalty caps
Ciaran Davis, CEO of ARN and chairman of CRA has delivered his opening remarks to Senate this morning, in the Fair Pay for Radio Play Bill 2023, arguing that the cap on royalties payable to Australian musicians when played on commercial radio be kept in place.
Davis noted how commercial radio is “a vital and free part of Australian culture and media”, with 17 million Australians listening in 2023.
“In an era of declining regional media, radio is often the sole remaining source of local news,” Davis argued.