Who makes money off of classical music radio, or any music radio, for that matter? Is it the artists? The stations? The record companies?
If classical music radio were profitable, there would be a lot more stations doing it. That’s why it makes no sense at all for the Recording Industry of America (RIAA) to try to levy a Radio Performance Tax on stations. For the past 50 years or more, record companies have been sending free recordings to stations and begging for airplay. The money the companies made off all that free airplay was pure profit.
After making money off the stations for all those years, now the record companies have become ingrates and want to charge the stations. They are saying that the radio stations are getting their products for free and making money off them, and they ought to pay for the privilege. Virtually all of the record companies still standing are overseas, so any tax money earned would immediately leave the country.
It won’t succeed — this time. Congress isn’t going to allow it. As of last week, a majority in the House and about 13 senators have opposed the effort. You can read about it here. Here’s the other side of the argument in Wired.