Quantcast
Sirius Xm royalties

DISHING OUT A LITTLE MORE: The U.S. Copyright Board has decreed that Sirius XM Radio must pay a bigger slice of its revenue in royalties, Reuters reports. The satellite giant has hitherto forked over 8% (in marked contrast to the much higher amounts paid to SoundExchange by online streaming services such as Pandora and iHeartRadio, as those entities have often pointed  out); after the Board's ruling, handed down Friday, Sirius XM will pay 9% in the coming year, 9.5% in 2014, 10% in 2015, 10.5%  in 2016 and 11% in 2017 when their current agreement expires. Reuters cites a market analyst's estimate that the satellite-radio firm turned over $250m over the course of this year and will remit $324m over the next. The company's shares rose 6% on Friday, suggesting the rate hikes were lower than expected. (12/17p)

METALLICA AT THE DRIVE-IN: "WE'RE RISK TAKERS"
A peek at how the deal went down. (8/13a)
THE GREAT CATALOG GOLD RUSH
Is mining the past the future? (8/10a)
MAYBE, JUST MAYBE:
THROUGH THE FOG
Breaking down the radio charts - or just breaking down. (8/13a)
TOP 20: WAVE ELECTION
Taylor holds firm. (8/13a)
THE BABE & THE MULE
Interscope's co-MVPs (8/7a)
BTS BRINGS IT
They're so dreamy.
VOTE BY MAIL
It's a conspiracy, because everyone does it.
IS IT CHRISTMAS?
No, but we're thinking about cookies.
WOKE MUSIC
Protest songs that sound like now.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)