SiriusXM To Pay Former The Turtles Members Up to $99 Million

Why are Flo and Eddie so happy together? Former The Turtles band members got $99 million from SiriusXM. SiriusXM will pay up Flo and Eddie Inc at least $25 million for illegally playing The Turtles songs. According to The New York Times, SiriusXM faced a three lawsuits from Mark Volman and Howard Kaylen, formerly of […]

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Sirius XM Posts Strong Q3, Aims for 2 Million New Subscribers for 2016

Sirius XM subscription numbers keep going up, and up, and up. Sirius XM posted their 3Q 2016 earnings today. As expected, and in great news for the company, Sirius XM posted stronger-than-expected subscriber growth for its third-quarter. This led the company to raise their full year subscriber guidance. Along with strong subscriber growth, SiriusXM reported […]

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SoundExchange Submits Rates Proposal for 2018 Until 2022

SoundExchange submitted their SiriusXM rates to the Copyright Royalty Board, according to a new report from Music Business Worldwide. Based on expert analysis, SoundExchange proposes a rate that is the greater of 23% of revenue and per-subscriber rates. The rates will start at $2.48 per subscriber starting in 2018, with moderate annual increases if approved. […]

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Music rights advocate to join SiriusXM as Director of Music Licensing

Rae leaves behind his role as Future of Music Coalition CEOThe post Music rights advocate to join SiriusXM as Director of Music Licensing appeared first on Music Business Worldwide.