CSPAN3 Key Capitol Hill Hearings June 26, 2014
Sirius xm is well positioned to offer testimony on these copyright issues. In 2013, we paid approximately 325 million in royalties to Record Companies, publishers, song writers and artists. We have paid over 1. 8 billion in music royalties since we launched service 11 years ago. Id like you to take away four key themes from my testimony. First, parity. Radio is radio whether it is am, fm, satellite. All companies should pay for the music they use on the same ba s basis. Continuing to exempt the terrestrial Radio Companies that dominate radio listening with over 90 of the market and generate ov...