Cumulus, Emmis, Pandora, Others Face Online Royalties Audits: CRB
SoundExchange will audit Cumulus, Emmis, Pandora and Urban One to verify royalty payments for online music, said the Copyright Royalty Board. Other Friday Federal Register notices indicated audits for Music Choice and Rockbot. “The decision to audit a company is…
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not necessarily any indication that SoundExchange considers something amiss with that company’s royalty payments -- instead they audit a cross-section of services each year,” blogged Wilkinson Barker's David Oxenford. Outside accounting firms do the analysis, issuing a report that's reviewed by the audited parties before being given to SoundExchange, which can collect underpaid royalties, the broadcast attorney wrote, adding that results aren’t usually public.