Is SiriusXM Attempting To Stop Making Royalty Obligations To Music artists?

That’s theexplosive declare that the American Federation of Television and Radio Artistsand the American Federation of Musiciansare making today in line with the satellite radio company’s efforts tocut handles independent record labels providing them with 100% from the royalty obligations. This kind of arrangement would breakwith the standard practice of funneling 45% of royalties to SoundExchange — a reference approved by Congress to deal with artists’ obligations– with 5% visiting the unions (typically to pay for session music artists), and also the remaining half likely to record labels. This move is coldly anti-artist and anti-music performer,” states AFTRA National Executive Director Kim Roberts Hedgpeth. “The legal license established by Congress and also the system given by SoundExchange guarantees transparency, efficiency, accountability and many important direct, non-recoupable payment to artists of the great amount of royalties for SiriusXMs utilization of their music. SiriusXM didn’t immediately react to a request to supply its sights within the dispute.