Results 1 to 10 of 10
  1. #1
    andhow's Avatar
    Title
    Senior Member
    Join Date
    Jan 2011
    Location
    Niw Zilland
    Posts
    270
    Rep Power
    14

    Unhappy Shame, shame on SiriusXM!

    SoundExchange Sues SiriusXM For Unpaid Royalties
    August 27, 2013
    SoundExchange has filed a lawsuit against SiriusXM Radio, claiming the satcaster owes a "massive" underpayment of digital royalties from 2007-2012. According to SoundExchange, SiriusXM "took a number of impermissible deductions and exemptions in calculating its royalty payments to SoundExchange, including deducting for pre-1972 sound recordings and certain channel packages containing music. In addition, SiriusXM failed to pay the legally required fees due for several late payments within the same period." SoundExchange believes SiriusXM owes between $50 and $100 million, or possibly even more, and is now seeking to recover these funds on behalf of the artists and labels it represents.
    "SiriusXM is knowingly withholding royalties from the creators who bring life to their service, even as the company continues to experience unprecedented and explosive growth," said Michael Huppe, President/CEO of SoundExchange. "We cannot sit by and watch this multi-billion dollar company reap record profits from the creative contributions of artists and labels without paying them everything they deserve."
    SoundExchange also notes that during this same time frame, SiriusXM saw its subscriber base grow from 17 million to 24 million, and its revenue increase from $2.06 billion to $3.4 billion a 65 percent increase. The organization adds that SiriusXM is required to pay SoundExchange for the use of the statutory license, which allows the service to broadcast any commercially available sound recording.
    The lawsuit was filed on Monday in the U.S. District Court for the District of Columbia.

    http://fmqb.com/article.asp?id=2692388

    Reverend Aquaman | Station Manager | andHow.FM
    Where it's *ALL* about the music!
    A world-class, always eclectic, commercial-free, alternative, modern, retro, indie rock radio station.
    Jamming the free world, one person at a time since 1998. Got Indie?

  2. #2
    saint's Avatar
    Title
    Content Manager
    Join Date
    Mar 2009
    Posts
    1,190
    Rep Power
    28
    One day, sound exchange and all their ilk will get blown out of the water by some top notch legal team. That day can't come soon enough. They are worse than blood sucking vampires on a full moon.

  3. #3
    dotme's Avatar
    Title
    Member
    Join Date
    Oct 2008
    Posts
    43
    Rep Power
    11
    Quote Originally Posted by saint View Post
    One day, sound exchange and all their ilk will get blown out of the water by some top notch legal team. That day can't come soon enough. They are worse than blood sucking vampires on a full moon.
    Where's the "Like" button?

  4. #4

  5. #5

    Title
    Junior Member
    Join Date
    May 2014
    Location
    MA
    Posts
    15
    Rep Power
    0
    I've had a SiriusXM subscription for over a year. Why aren't they paying royalties tho?? I have a license and I have to pay. hmm

  6. #6
    James's Avatar
    Title
    Administrator
    Join Date
    Jan 2008
    Location
    Melbourne, Australia
    Posts
    12,181
    Rep Power
    10
    Quote Originally Posted by SHONWAYNE View Post
    I've had a SiriusXM subscription for over a year. Why aren't they paying royalties tho?? I have a license and I have to pay. hmm
    Im sure you could research it since it was from a year ago...

    Thanks for bumping up an old topic!

  7. #7

    Title
    Junior Member
    Join Date
    May 2014
    Location
    MA
    Posts
    15
    Rep Power
    0
    Quote Originally Posted by James View Post
    Im sure you could research it since it was from a year ago...

    Thanks for bumping up an old topic!
    Yes I can research it James. Was this a slight at my question?
    Last edited by SHONWAYNE; 05-19-2014 at 04:53 PM.

  8. #8
    saint's Avatar
    Title
    Content Manager
    Join Date
    Mar 2009
    Posts
    1,190
    Rep Power
    28
    Who dares come before me, Who dares enter this place!

    I have been witness to a world consumed by hatred and bent on self-destruction, watched as we have taken what was to be a paradise and failed in our responsibilities as its steward. I know now that the course of human race has set for itself cannot be changed. I am the last desperate chance for a doomed forum.

    Now, leave this place or be eradicated by the villainous zombie hamsters of the CIA !

    I have spoken

  9. #9

    Title
    Member
    Join Date
    May 2014
    Location
    Sioux Falls
    Posts
    50
    Rep Power
    6
    I am so pleased to see a company act in defiance of this blood sucking vampire, did you know that in 2006 this BULLSHIT company didnt even exist, I hope they dont give them ONE DAMN PENNY (seeks to collect for the artists, yeah right the artists dont see a cent of that money)

    I remember when internet broadcasting was free and fun!

    Mark my words that company will never see a dime from our organization, Ever!
    Returning After 8 Years On Hiatus - 55 Minutes Commercial Free Every Hour

  10. #10

    Title
    Junior Member
    Join Date
    Dec 2014
    Location
    Planet Earth
    Posts
    11
    Rep Power
    5
    Nice!

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •