The satellite company has agreed to settle a copyright lawsuit brought by Flo and Eddie of the Turtles for songs it played that were recorded before 1972. Pre-1972 sound recordings are not protected by federal copyright.
Sirius agreed to pay between $25 million and $40 million for past royalties, depending on the outcomes of other litigation, in three states (New York, Florida, and California). SiriusXM also entered into a 10-year license agreement that could be worth between $45.5 million and $59.2 million.
The proposed settlement requires approval by U.S. District Judge Philip Gutierrez in Los Angeles. A hearing on the motion for preliminary approval is set for Jan. 30. You can read more details at Reuters. Sirius had already reached a $210 million settlement with major record labels for their share of pre-1972 songs.
Read the entire proposal HERE (link courtesy Hollywood Reporter)
