Sirius Royalty Payments Firm Up

In what some are seeing as a surprise move, the US Copyright Royalties Board actually ruled against SoundExchange, and in favor of Sirius and XM in deciding not to re-open a hearing on the royalties that the satcasters pay for the playing of music.  As you may remember, the CRB had previously ruled that Sirius and XM should pay 6-8% of ”gross revenues” (narrowly defined) to SoundExchange.  This latest ruling is in response to SoundExchange wanting the CRB to broaden the definition of gross revenues to include some items that the judges felt were unsupported by any evidence.

Ruling is here.

Coverage from BetaNews is here.



Comments:

  1. This is good news, if it leads to a final agreement.
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