Sirius XM Agrees To $150 Mln Settlement Over Unpaid Song Royalties

WASHINGTON (dpa-AFX) – Sirius XM Radio Inc. has agreed to pay $150 million to SoundExchange Inc. to settle lawsuits alleging that the satellite-radio giant underpaid royalties for recordings. The Sirius XM Holdings Inc. (SIRI)subsidiary said it would make a one-time payment to SoundExchange, a….


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