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XM Satellite Radio Signs New Five-Year Deal With ASCAP

Authored by Mark Hefflinger on July 25, 2006 - 1:31pm.
Washington - XM Satellite Radio said that it has signed a new five-year music licensing deal with the American Society of Composers, Authors & Publishers (ASCAP). Under the agreement, XM will pay royalties to ASCAP to broadcast any of its 7 million copyrighted musical compositions.

http://www.xmradio.com/newsroom/screen/pr_2006_07_24b.html
http://www.ascap.com

tags: Deals | Music Deals | Licensing | Radio | Satellite Radio | Music | XM Radio | Commerce | ASCAP | Satellite |

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