Sirius, SoundExchange Strike $150M Deal In Royalties Fight

Law360 (June 11, 2018, 10:33 PM EDT) -- Sirius XM Radio Inc. agreed to pay music royalty collector SoundExchange Inc. $150 million for both companies to walk away from litigation over whether the satellite radio purveyor shorted the licensor on royalties for recordings from 2007 to the end of last year, SoundExchange said Monday.

Sirius XM said the settlement ends litigation over outstanding claims from January 2007 to December 2017, and that SoundExchange will use the funds at least in part to pay out royalties to its rightsholders. (AP) The company said the settlement ends litigation over outstanding claims from January 2007 to December 2017, and that SoundExchange will...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!