SoundExchange Sues Mood Media For “Cheating Artists Out of Royalties”

8213432552_fd1a8cc461_z

Back in 2011 Mood Media purchased background company Muzak.

Muzak isn’t required to pay market value on royalties. The company was grandfathered into an older standard of setting royalty rates when the DMCA went into effect in 1998.

In 2012 Mood Media also acquired DMX, a branding agency that provides music to satellite and cable networks.<!–/*
* The backup image section of this tag has been generated for use on a
* non-SSL page. If this tag is to be placed on an SSL page, change the
*   ‘http://72.52.81.231/revive/www/delivery/…’
* to
*   ‘https://72.52.81.231/revive/www/delivery/…’
*
* This noscript section of this tag only shows image banners. There
* is no width or height in these banners, so if you want these tags to
* allocate space for the ad before it shows, you will need to add this
* information to the tag.
*
* If you do not want to deal with the intricities of the noscript
* section, delete the tag (from … to ). On
* average, the noscript tag is called from less than 1% of internet
* users.
*/–>

// <![CDATA[
var m3_u = (location.protocol=='https:'?'https://72.52.81.231/revive/www/delivery/r9.php':'http://72.52.81.231/revive/www/delivery/r9.php');
   var m3_r = Math.floor(Math.random()*99999999999);
   if (!document.MAX_used) document.MAX_used = ',';
   document.write ("”);
// ]]>Now, SoundExchange is suing Muzak for allegedly cheating artists by underpaying royalties.

SoundExchange says Mood Media moved DMX’s cable and satellite contracts over to Muzak, and slashed rates based on Muzak’s older royalty standard.

Michael Huppe, President and CEO of SoundExchange, accuses the company of “playing a shell game to cheat artists and rights holders out of royalties.”

 

Nina Ulloa covers breaking news, tech, and more: @nine_u

Photo by StockMonkeys.com on Flickr used with the Creative Commons License

The post SoundExchange Sues Mood Media For “Cheating Artists Out of Royalties” appeared first on Digital Music News.


Source: Industry News

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *