Canadian Copyright Board Finalizes Royalty Decision

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The Canadian Copyright Board has finally reached a verdict on the matter of satellite radio and royalty charges, issuing a decision that services such as Sirius should pay 6.2% of revenue for the use of music.

Sirius Radio Canada has scored something of a win with the decision, paying a smaller amount then the 7.1% of revenue that standard commercial radio stations must pay for music.

The Board lowered rates for Sirius and XM are due to the relatively new status of satellite radio providers and the higher cost associated with introducing satellite receivers when commercial radio is already a standard feature in almost all automobiles and music players.

[Via Billboard]

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