The Copyright Royalty Board (CRB) has released its decision on royalty rates for satellite radio. The info contains specific royalty rates as well as XM Radio’s response to the news. Sirius will likely release its own statement shortly.

Under the terms of the CRB Satellite Radio Services, XM will pay a performance license rate of 6.0% of those gross revenues subject to the fees for 2007 and 2008, 6.5% for 2009, 7.0% for 2010, 7.5% for 2011 and 8.0% for 2012.

The revenue that is subject to royalty fees includes subscription revenue from our subscribers and advertising revenues from channels other than those that use only incidental performances of music.
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