9.13.2013

Sony, Universal, Warner, ABKCO sued SiriusXM for unpaid royalties.

siriusxm.com
Sony Music Entertainment, UMG Recordings, Warner Music Group and ABKCO filed lawsuit against SiriusXM. According toBillboard, the companies are suing SiriusXM for artists’ royalties for the recordings before 1972 which was unpaid. These major recording companies are seeking for damages and punitive damages. 

In a statement supplied by Recording Industry Association of America (RIAA), Steve Cropper, a songwriter and also a guitarist, said, "It's an outrage that SiriusXM, a multi-billion [dollar] company making a big profit based partly on the popularity of its oldies channels is refusing to pay any artists like me one penny. That's not right and that needs to be changed.", article added.

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