SoundExchange Submits Rate Proposal For Sirius XM, Music Choice And Mood Music

New Rate Proposal

SOUNDEXCHANGE has submitted its rate proposal and direct testimony in the SDARS III rate proceeding. In that proceeding, the COPYRIGHT ROYALTY BOARD (CRB) will set rates for the years 2018-2022 for SIRIUSXM’s satellite radio service as well as for the cable/satellite TV music services provided by MUSIC CHOICE and MOOD MUSIC (MUZAK). 

Based on the analysis of its experts, SOUNDEXCHANGE has proposed a rate that is the greater of 23% of revenue and per subscriber rates starting at $2.48 per subscriber per month in 2018 with moderate annual increases. The current rates for SIRIUSXM’s satellite radio service are 10.5% of SIRIUSXM’s “Gross Revenues” as the CRB’s regulations define that term in 2016 and 11% in 2017. For MUSIC CHOICE and MOOD MUSIC, SOUNDEXCHANGE proposed a per subscriber per month rate starting at $0.019 per subscriber per month with annual increases. The current rate for MUSIC CHOICE’s and MOOD MUSIC’s cable/satellite TV music services is 8.5% of Gross Revenues in both 2016 and 2017.

This initial round of testimony is one of several steps in the rate proceedings. 

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