SiriusXM In The News

The Trouble with SiriusXM’s Opposition to the Music Modernization Act

NMPA chief David Israelite responds to op/ed which decried the objectives of the MMA bill

The music business’s biggest stories of the past week: Universal, Vivendi, Sony, Apple, Troy Carter

Here's what caught our attention over the past seven days...

SoundExchange paid out $399m to artists and labels in the first half of 2018, up 17.4% year-on-year

Organization distributed over $208m to artists and labels in first half of 2018

Streaming audio service TuneIn mulls sale

Firm was valued at $500 million after raising $50m last year

SiriusXM to pay labels and artists $150m via SoundExchange settlement

Michael Huppe says agreement is preferable to a "costly litigation"

Sir Paul McCartney, Bruce Springsteen amongst 89 new artists backing US CLASSICS Act

Act aims to reform US copyright policy to better compensate the creators of music

SoundExchange has now paid over $5bn to artists and labels, with $652m distributed in 2017

Over $30m paid to publisher members last year

Sirius XM must pay more revenue to artists following landmark decision

Royalty rate climbs 40% following pressure from SoundExchange