SIRI was following federal guidelines regarding pre 1972. It is and will be a EDIT precedence setting case. Can the states supersede federal law is the question I believe in this case. Not clear cut and not new either. Can it be negative to SIRI, yes. Will it be the "death knell", probably not.
Last edited by denco1; 09-23-2014 at 11:41 AM.
In essence a ruling like that would collapse not just Sirius but every music streaming service in existence! I can not see it happening so easy. Bit of course or will inject a toxic dose of fear into the mix.Originally Posted by dm_4
I don't see this as something that can bring SIRI to its knees, but may be a short term dip and buying opportunity when it gets worked out. They will most likely settle and then have a royalty plan going forward. In my opinion SIRI should be paying royalties on all music it plays. Problem is that the actual artists see very little of it...
Why would it collapse anything. It would increase royalty expense, period. Depending on how much pre 1972 is streamed/broadcast.
EDIT: What is the % of pre 1972 Vs all other music streamed/broadcast....10-15-20%. So, royalty goes up by that % worst case.
Last edited by denco1; 09-23-2014 at 11:32 AM.
Moving forward I agree. But the monkey wrench in the works is damages for all the many years of prior airplay non payment. Assemble a class action on behalf of all music pre 1972 and you have an enormous lawsuit.
This could actually be a positive for SIRI moving forward. Much of SIRI appeal is in the non music content unlike all other music services. Their continued focus on non music content seems to be the right strategy and continues to differentiate them from the others.
I am no expert on this matter.....but weren't they following the guidelines post 1972 not pre? Feds protected music from 1972 forward....it was more silent as to royalties pre 1972 which is what the turtles lawsuit was based on. What is to prevent similar artists from bring 100 mill lawsuits now based on this ruling? Sure there will be appeals, and maybe years to litigate to the end, but for right now to me this ruling opens up the flood gates so to speak. I am no singer or songwriter, but if i was and i had music pre 1972 that has been constantly streaming for years over the net.....bet your bottom dollar i would be on a plane to LA sup court filing a 100 million lawsuit based on this ruling. I know this is new news and i am not an expert on fed copyright/royalty act but this def has my attention. I am curious to know if this was a final judgment or just a judgment on a particular issue in the case itself?
Ok so this was a class action suit?? I was under the impression that this was just a suit pertaining to the turtles. If this is a class action on behalf of all pre 72 songs/artists and the judgment comes back 100 million or so.....that's not bad at all......hell doesn't Howard stern make 100 million a year?
Last edited by dm_4; 09-23-2014 at 01:47 PM.
just thinking off the top of my head....siri offers the 20's 30's 40's, 50' and 60's music station....thats alot of pre 1972 music being played.
if this is a class action..that makes me feel better.
Last edited by dm_4; 09-23-2014 at 01:33 PM.
The point is that pre 1972 was not included under federal guidelines. SIRI followed federal guidelines. State court in California sees things differently to this point.
Yes, maybe 10 out of 100 or so music stations, about 10%.
the turtles or the state are not claiming siri was not following fed 72 guidelines.....they are claiming and deciding on issues where the feds were supposedly silent regarding pre 72 songs streamed. Thats the gist i get anyway.
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