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In recent years, shrinking radio playlists and illegal file sharing have only made it harder for songwriters to make a buck. According to the Nashville Songwriters Association International, the average songwriter earns just short of five thousand dollars a year. Last year, the US Congress gave them a much-needed reprieve—a tax change that saves them big money if they sell a song catalog. The change benefits catalog buyers too, and is luring new kinds of investors to Music Row. WPLN’s Kim Green reports.
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