Music Licensing Co. To Pay $58.5M To End Antitrust Suit

By Michael Lipkin (October 15, 2014, 6:01 PM EDT) -- Performing rights organization SESAC LLC will pay $58.5 million and change its licensing practices to settle a group of local TV stations' putative class action in New York federal court accusing it of monopolizing the market for some song rights, the stations said Wednesday. ...

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