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BMI Files Rate Court Action Against SiriusXM Over Music Licensing Fees
BMI is taking SiriusXM to rate court over fair and appropriate compensation for its music licenses with the radio service provider.
Performance rights organization BMI has filed a rate court action against SiriusXM in an attempt to provide its artists “fair and appropriate fees” for music licensing deals with the radio service. “Sirius has continued to pay songwriters — who create the music essential to SiriusXM’s business —at rates that are below those negotiated decades ago when satellite radio was an infant industry with an uncertain future,” the complaint argues. Mike O’Neill, BMI’s President and CEO, said in a statement, “After attempting to negotiate with SiriusXM in good faith for more than two years, we were compelled to file this action given their insistence on underpaying the creators of the music that drives the majority of their business.
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