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June 26, 2015 03:03 pm -04
Before now, satellite radio company SiriusXM wasn't paying royalties on the catalog recorded before 1972 that it beamed to customers. Today, the company agreed to pay $210 million for those songs, compensating both independent and major record labels...
Original Link: http://www.engadget.com/2015/06/26/siriusxm-pays-210-million-pre-1972-music/?ncid=rss_truncated
SiriusXM will pay $210 million to use songs recorded before 1972
Before now, satellite radio company SiriusXM wasn't paying royalties on the catalog recorded before 1972 that it beamed to customers. Today, the company agreed to pay $210 million for those songs, compensating both independent and major record labels...Original Link: http://www.engadget.com/2015/06/26/siriusxm-pays-210-million-pre-1972-music/?ncid=rss_truncated
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget