Will Record Labels Soon Have a Sirius Problem?

SiriusXM’s $3.5 billion purchase of Pandora, finalized Feb. 1, will create a digital-radio behemoth with customized radio playlists, a contract with Howard Stern and an estimated 100 million listeners. SiriusXM has a reputation as a tough negotiator, and it has consistently opposed labels’ attempts to raise its royalty rates for recordings, arguing that AM-FM pays nothing to use them.

Source: Will Record Labels Soon Have a Sirius Problem?

Post a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.