The Recording Industry Association of America has announced that SiriusXM will be paying for the use of sound recordings created before 1972. A $210 million settlement with ABKCO Music & Records, Capitol Records, Sony Music Entertainment, UMG Recordings and Warner Music Group resolves a lawsuit filed over the satellite radio giant’s performance and reproduction of older songs.
Source: Record Giants Win $210M Settlement from SiriusXM Over Pre-1972 Music – The Hollywood Reporter