Sirius XM hit with US$150-million lawsuit over music royalties

SoundExchange, the recording-industry nonprofit responsible for collecting and distributing digital music royalties, sued satellite-radio giant Sirius XM in Virginia federal court on Wednesday for allegedly underpaying more than $150-million in royalties.

The Copyright Royalty Board, the U.S. government body that sets royalty rates for broadcasting sound recordings, has set separate rates for satellite radio and web-based radio, using gross revenue to calculate satellite rates and a per-transmission fee for internet radio. The lawsuit said Sirius XM falsely reported “dramatic increases” in revenue attributable to internet radio in 2021 in a “cynical attempt to avoid paying the royalties it plainly owes.”

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