SoundExchange Holding Millions In Unpaid Royalites

As if the recording industry needed any more embarrassment, it has come to light that SoundExchange, a company that collects and distributes royalty payments derived from satellite and internet radio, cable television music channels and other music streaming platforms, has withheld over $200 million dollars in unpaid royalties dating back to year-end 2008, according to the I.R.S.

Read the full story here.

Via the music industry report

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: