Heads-up: SiriusXM Music Royalty Fee will increase 2/15
Just a heads-up if anyone is about to sign-up / renew SiriusXM. Looks like their "Music Royalty Fee" will increase to 19.1% starting 2/15/18.
To Our Valued Customers:
Effective as of February 15, 2018, the U.S. Music Royalty Fee will increase from 13.9% to 19.1% of the price of all audio packages which include music channels. Your fee may vary depending on the package and plan term you have chosen and the number of subscriptions on your account.
The U.S. Music Royalty Fee applies to most audio packages* and offsets the royalties payable by SiriusXM to composers, publishers, recording artists, musicians and record labels that hold copyrights to musical works and recordings. The increase is a result of the recent decision by the Copyright Royalty Board of the Library of Congress.
For more information about the U.S. Music Royalty Fee, visit siriusxm.com/usmusicroyalty.
We appreciate your loyalty to SiriusXM and are dedicated to providing our subscribers with the best programming variety and listening experience available anywhere.