Tuesday, October 02, 2007

Satellite Radio Reaches Agreement on Royalty Rates for Satellite TV

This might be old news for some, but it is the first that we have heard. Sirius, XM, and MTV were before the Copyright board to determine fair royalty rates for digital audio channels on satellite TV. According to the site, the proceeding are over due to the three reaching agreements with SoundExchange. Here's a reprint from the site:

Digital Performance Right in Sound Recordings and Ephemeral Recordings for a New Subscription Service

(Docket 2005-5 CRB DTNSRA)

Hearing Information

The rebuttal phase of the trial to determine the reasonable rates and terms for a new type of subscription service that performs sound recordings on digital audio channels programmed by the licensee for transmission by a satellite television distribution service to its residential customers where the audio channels are bundled with television channels as part of a “basic” package of service and not for a separate fee was scheduled to take place from September 10, 2007 through September 12, 2007.

However, the Services (Sirius Satellite Radio, Inc., XM Satellite Radio, Inc., and MTV Networks) and SoundExchange reached an agreement and therefore no further proceedings are necessary.

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