XM Canada Pays SOCAN Royalties
Posted by Reid on 16 September 2009
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After creating plenty of attention for their inability to pay outstanding royalties owed to SOCAN, XM Canada has now made good on their previous promise and fulfilled the requirements asked of them by the artist protection society.
SOCAN had launched a lawsuit against XM Canada over this unpaid money earlier this month, a move that prompted the Canadian satellite radio company to finally pay the funds.
The money had been owed to SOCAN since January 2005 and was ordered to be paid by a date no later than July 31st 2009. After XM Canada was still unable to pay the owed funds, SOCAN launched a lawsuit that led to a conclusion to the matter.
[Via Digital Home]


