SoundExchange To Audit 2012-2014 Royalty Statements for Broadcasters, Webcasters
SoundExchange sent notices of intent to the Copyright Royalty Board to audit a range of 2012, 2013 and 2014 royalty statements, the CRB said in Friday’s Federal Register. DMX and Muzak face planned audits of their 2012-2014 business establishment services…
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royalty statements and commercial webcaster royalty statements, CRB said. Batanga also faces an audit of its 2012-14 commercial webcaster royalty statements. DMX faces an audit of its new subscription service royalty statements, and Muzak an audit of its pre-existing subscription service royalty statements, CRB said. Four broadcasters -- Beasley Broadcast Group, Greater Media, Townsquare Media and Univision Communications -- face audits of their 2012-14 broadcaster royalty statements, and Saga Communications audits of its 2013 and 2014 royalty statements in the same category, CRB said. SoundExchange has the right to do a single audit of each licensee for a calendar year to verify royalty payments, the CRB said.