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.
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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.