The Radio Music Licensing Committee is still awaiting the outcome of appeal, in effort to combine the processes and pit the PROs against each other.
The lawsuit claims SiriusXM is bundling its streaming and satellite services as part of a scheme to “grossly underpay the royalties it owes.”
The radio company did see a 13% rise in podcasting revenue as it anticipates an overall recovery in the ad market later this year.
Cumulus Media's share price rose 16% after Q2 earnings and is more than 2.5 times above the 52-week low of $2.57 from May 9.
The determination sets inflation-adjusted rates at $.0026 per paid subscription stream.
That said, some titles -- like "I Will Always Love You" -- are off limits.
Christopher “Mad Dog” Russo, a 2022 Radio Hall of Fame inductee, will serve as master of ceremonies for the Nov. 2 event.
Their allegations against Adrian Strong span a decade and include coercion, drugging and rape. He vehemently denies the accusations and says the relationships were consensual.
Country and top 40 radio have always had a tenuous relationship, but at a time when the former is producing bigger hits, the latter may be embracing the crossover.
"We will all miss serving and working with all of you -- our readers and clients," said founder/president/publisher Joel Denver in a statement.
