Tag Archives for " SiriusXM "
Now that some of the dust has settled on SiriusXM’s $3.5 billion acquisition of streaming service Pandora, things have become a little clearer on why the deal makes sense for both parties. Although the all-stock transaction was announced last month, it’s expected to close in the first quarter of 2019. This is a win/win if […]Continue reading
In a move that will mean more money in the pockets of artists, the Copyright Royalty Board (CRB) recently ruled to raise the rates that the SiriusXM satellite service pays to copyright holders by 41%. The move raises the rate from 11% of revenue to 15.5% beginning on January 1st, 2018. The rate stays in […]Continue reading
Here’s the Music Industry News RoundupÂ for the week of December 16th, 2016. There are a lot of interesting news items againÂ this week (more than usual for so late in the Holiday season), so let’s get right into it. Global music grew by a billion dollars in 2016. That’s a big deal because it was at […]Continue reading
Low royalty rates are something that concerns every artist, label, songwriter and publisher. The good news is that they’re gradually rising, and since there are more paying subscribers to streaming services every year, the revenue pie is also getting larger. This may take an even better turn if the proposed new rate increase that SoundExchange wants from SiriusXM […]Continue reading
Here’s the music industry news roundup from the week of October 7th, 2016. There’s a little less on streaming this week for the first time in a while, but still lots to cover. Let’s get to it. Music supervisors don’t think they’re hurting songwriters. I wrote about this last week and now a music sup responds. The bottom […]Continue reading