Fact #148683
When:
Short story:
Billboard magazine reports that SoundExchange, an organisation which collects and distributes digital royalties for labels and artists for non-interactive transmissions (Pandora, SiriusXM and others), may lose $200m in revenue in 2017, because some major satellite, digital radio and cable music players are moving away from using compulsory licenses for recorded music, signing direct deals with record labels.