XM Canada Failed To Pay Royalty Fees
September 3, 2009 at 4:52 AM (PT)
XM CANADA, a unit of CANADIAN SATELLITE RADIO HOLDINGS INC., failed to pay royalties on music broadcast by the satcaster and should be ordered to stop airing songs until it does, reports BLOOMBERG. XM CANADA will be required to pay 4.26% of its revenue to the SOCIETY OF COMPOSERS, AUTHORS AND MUSIC PUBLISHERS OF CANADA, the group said in a statement, citing a ruling by the CANADIAN COPYRIGHT BOARD.
"XM’s failure to pay the royalties, which are significant, deprives composers, lyricists, songwriters and music publishers of compensation," SOCAN said. "XM’s nonpayment is also unfair to its competitors."
CANADA’s copyright board ruled in APRIL, wrote BLOOMBERG, "that XM must pay retroactive royalties by JULY 31st and on a monthly basis from then on. XM hasn’t made the required payments, SOCAN said. It didn’t say where it filed a lawsuit demanding the royalties and a copy of the complaint wasn’t immediately available."