US performing rights organization SESAC has won an increase in the fees it collects from US radio stations, after an arbitration panel ruled on an ongoing dispute between SESAC and station owners. The new rate will apply from January 1, 2023, through December 31, 2026. Because the rates apply retroactively, radio stations can expect to see an adjustment to the rates they have paid going back to the beginning of 2023.
Source: SESAC wins 10.4% increase in royalties collected from US radio