ACRAs cancelled over radio royalty battle
Commercial Radio Australia has informed its stakeholders that this year’s Australian Commercial Radio Awards won’t be going ahead due to an ongoing legal battle over music royalties.
In the note to its members, obtained by Mumbrella, CRA said the awards will be paused for 2025, in order to “reallocate resources” towards “crucial priorities, including significant cost pressures incurred from ongoing legal matters with the PPCA.”
CRA will also use the time to “review and refresh our awards categories, judging process, and events execution”.
ACRAs wasn’t cancelled because of some ‘long running’ battle with PPCA! ?
The major ‘stakeholder’ members of CRA are are running on wafer thin budgets! We know it, you know it, everyone knows it! – We can all read the financial reports. We all see the job loss announcements, the creeping debt loads, the dividends evaporating and the share price declines.
The industry’s input costs continue to rise, while at the same time, senior executives are Hell bent on spending obscene amounts of money, in the vain attempt to become ‘number one’ in the weekday breakfast slot of two markets. Meanwhile, other aspects of the businesses, like profitable non-competitive markets, have the life blood slowly sucked out of them!
One wonders if the whole concept of radio surveys has now just become an exercise in self-flagellation by CRA members. ?
So much to unpack here;
The self indulgence is over for at least one year – please refer Ricky Gervais………
Rather than focusing on ACRA entries ARN staff “might” want to concentrate on ratings and revenue to provide Shareholder value
The PPCA legal battle is going to be tough to win
The news.com.au article today was interesting in timing
Well Melbourne shows and talent wont care, they haven’t been recognised or celebrated for years while this Sydney-centric event continues to celebrate old school mediocrity year after year.