"SoundExchange Challenges Ruling Limiting Its Legal Powers in $150M SiriusXM Royalty Dispute"
NEW YORK — SoundExchange, a U.S. performance rights organization, has expressed strong disapproval of a federal court’s recent decision that effectively blocks it from taking legal action against broadcasters. The organization labeled the ruling “entirely wrong on the law.” In a decision delivered by Judge Naomi Reice Buchwald of the U.S. District Court for the Southern District of New York, the court dismissed SoundExchange’s $150 million lawsuit against SiriusXM. The judge ruled that Congress has not conferred the necessary legal authority to SoundExchange to pursue lawsuits on behalf of artists and record labels, which the … Read more