The Economist: A battle over music royalties threatens a nascent industry

From The Economist:

The quest for higher royalties may actually be doing record labels more harm than good. People generally do not buy music unless they have already heard it. Internet radio makes it easy to zero in on a preferred genre, so listeners are more likely to discover music they would want to buy. Many online stations even provide links to online music stores—free of charge.

Hey SoundExchange: wake up. Don't kill off this industry. You need it.

(Maybe if SoundExchange would focus on trying to extract royalties out of the companies not paying them at all, instead of trying to get more from the ones who are paying now, they could increase their revenues and not hurt the current net radio industry.)