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FYI

Media Beat: June 13, 2018

Media Beat: June 13, 2018

By David Farrell

Sirius XM settles with SoundExchange

A Securities and Exchange Commission filing after Monday's market close explains that Sirius XM will pay a one-time lump sum payment of $150 million to SoundExchange in the next few weeks, settling a couple of lawsuits claiming that Sirius XM had been underpaying due performance royalties over the past decade.


It's a win-win deal. SoundExchange is a nonprofit that will be able to return money to the artists it represents sooner rather than later. Sirius XM will have one dark cloud of litigation lifted, even if it means it has to shell out a nine-figure settlement. – Rick Munarriz, Motley Fool

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Industrial policy is the wrong lens for govt to examine broadcasting

Japan’s Regulatory Reform Promotion Council has compiled a report on the review of the broadcasting business. – The Japan News

The CRTC’s fundamental mistake: It thinks it can regulate the internet

Canada’s communications regulator last week reversed decades of policy by recommending that the government implement new regulation and taxation for internet services in order to support the creation of Canadian content.

The report on the future of program distribution, which will surely influence the newly established government panel reviewing Canada’s telecommunications and broadcasting laws, envisions new fees attached to virtually anything related to the internet: internet service providers, internet video services and internet audio services (wherever located) to name a few. – Michael Geist, The Globe & Mail

Radio in Canada: Still not dead

Despite the onslaught of new technologies, radio, which has been with us in its commercial form for almost a hundred years, continues to hold its own, according to a report issued by Media Technology Monitor – Alan Cross, A Journal of Musical Things

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Celine Dion performing on the Eiffel Tower during the opening ceremony of the Paris 2024 Olympic Games Paris 2024 on July 26, 2024 in Paris, France.
Capture d'écran du CIO via Getty Images
Céline Dion se produisant sur la Tour Eiffel lors de la cérémonie d'ouverture des Jeux Olympiques de Paris 2024 Paris 2024 le 26 juillet 2024 à Paris, France.
Music News

‘A True Original’: Céline Dion Shares Tribute to the Late Ozzy Osbourne

The Canadian singer-songwriter honoured the Prince of Darkness on her Facebook page.

Céline Dion has paid an emotional tribute to the late Ozzy Osbourne.

On Friday (July 25), the Canadian singer took to Facebook to honour the former Black Sabbath frontman, who passed away on July 22.

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