RIAA to Raise XM, Sirius Music Royalties?

Monday, November 28, 2005 at 10:21 AM
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So says Forbes, and I've written about this in the recent past. The RIAA continues to rear it's ugly head with satellite radio and the expiration of XM's and Sirius' contract in 2006.

"On the [MP3-enabled] device issue, we believe the worst-case scenario (due to a court or legislative decision) is that XM and Sirius abandon the new products if the fees become too onerous or add features that appease the music industry," said Banc of America Securities analyst Jonathan A. Jacoby.

Think it's time to start a letter writing campaign? 

[Forbes]

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