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XM Satellite Radio and Sirius Satellite Radio Copyright Litigation SoundExchange Registrants and Members

November 28th

You may have been contacted or have heard about settlements of class action lawsuits, involving independent record labels and master owners and XM Satellite Radio, Inc. and Sirius Satellite Radio, Inc.  Please be aware that SoundExchange is not a party to these lawsuits and is not advising its registrants or members to either opt-in or opt-out of the settlements.  SoundExchange’s participation has been limited to providing data to the administrator of the settlements in order to facilitate settlement claims.  Please consult your own legal counsel in determining whether or not it is more appropriate for you to opt into the settlement or opt out.  You can find more information about the settlements at www.notavxm.com or www.notavsirius.com.

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Music Industry Veteran Joins SoundExchange As COO

November 15th

SoundExchange announced today the appointment of Jonathan C. Bender to the role of chief operating officer (COO).  Jonathan will assume responsibility for the organization’s operational structure, including oversight of distribution and account services. He will also oversee repertoire management and the organization’s database for tracking, collecting and distributing music royalties on behalf of artists and record labels.

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