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Sirius XM to pay $150M in settlement with SoundExchange

Sirius XM has reached a settlement with SoundExchange, ending outstanding claims surrounding royalty payments from January 2007 through December 2017. SoundExchange claimed that Sirius XM had taken deductions and exemptions in calculating its royalty payments. The satellite radio company will make a lump sum payment of $150 million to SoundExchange. Continue Reading

Public media audience expanded in 2017, with NPR digital pushing the growth

Pew Research Center has published its latest data on public media audience, including NPR, American Public Media, and Public Radio International. For most metrics, the three public media houses saw little to some growth, although NPR’s digital platforms continue to be top performers. Continue Reading

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Napster CEO: Streaming growth will bring “a great deal of diversification” in the future

Napster President and CEO Bill Patrizio gave a keynote talk at the Midem conference, offering his insights on the streaming service’s internal plans and the broader streaming economy. He acknowledged that the company didn’t plan to tackle the current market leaders head on, but would continue pursuing other, innovative approaches to music, such as running streaming services for other brands and businesses. Continue Reading