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SoundExchange Report
May 15thSoundExchange not only appointed former general counsel, Michael Huppe, as the new president, but has also made several significant additions to “staff up” across the organization. This includes a new executive team, data management, claims and communication departments. As a whole, the staff is committed to advancing initiatives that ensure digital performance royalties make their way into the hands of the creative community. These efforts include the establishment of new departments dedicated to managing metadata and resolving rights owner disputes; the rollout of simplified payee statements; and continued advocacy for royalty structures that recognize the vital role that the creators of music play for digital services.
Read MoreSoundExchange Files Motion to Dismiss SiriusXM’s Complaint
May 8thSoundExchange yesterday moved to dismiss SiriusXM’s allegations that it is “unlawfully interfering” in the satellite radio company’s efforts to secure copyrights through a competitive market. SoundExchange did nothing improper and we find it ironic that these “antitrust” charges are coming from a company which enjoys its status as North America’s only satellite radio provider. SiriusXM’s claims are entirely false and the litigation is simply an impermissible tactic to derail the rate-setting proceeding that is now underway. We view this as nothing more than an attempt by SiriusXM to pay less for the music at the core of its service, even as its revenues soar.
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