Music Nation received formal approval to license, collect and distribute royalties from public performance and neighboring rights.
IFPI recently identified MENA as the world's fastest growing region for music sales.
The music investment platform will use SoundExchange to give artists a cut of its revenue based on page view traffic.
In a new filing, the satellite-radio giant says SoundExchange’s “so-called audit” is “flawed" and claims SiriusXM has paid all of the royalties it owes.
The lawsuit claims SiriusXM is bundling its streaming and satellite services as part of a scheme to “grossly underpay the royalties it owes.”
The organization also saw a slight dip in distributions, which fell 3.4% from 2021 to $959 million.
Also this week: AWAL hires a leader for its expansion into India, an upstart ticketing platform gains a chief strategy officer and more.
SoundExchange says it has waited "long enough" after years of non-payment from the streaming service. A federal judge agrees.
"Five years is long enough" to wait for millions in unpaid royalties, SoundExchange told a federal judge.
SoundExchange sued this summer, claiming the streamer stopped paying in 2017.
