CRB Increases Satellite Radio Royalty Rates

Sarah Skates • December 17, 2012

The Copyright Royalty Board set new rates that satellite radio, particularly SiriusXM, will pay to record labels and artists through SoundExchange.

In 2013, satellite radio will pay 9 percent of gross revenue for the use of sound recordings. The current rate is 8 percent. From 2014-2017, the rate will increase .5 percent each year until it reaches 11 percent in 2017.

The CRB’s decision, announced Friday, Dec. 14, does not include royalties paid to music publishers and songwriters. It also does not include Internet radio rates.

Read the official announcement here.

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About the Author

Sarah Skates has worked in the music business for more than a decade and is a longtime contributor to MusicRow.

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CRB Increases Satellite Radio Royalty Rates