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SoundExchange plans to audit Cumulus Media and Saga...

SoundExchange plans to audit Cumulus Media and Saga Communications’ statutory license statements of account for each of the three years through 2012, the Copyright Royalty Board said in Monday’s Federal Register (http://1.usa.gov/115Pp4x). As the organization designated by the board’s judges…

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to collect such royalties for digital audio, SoundExchange can conduct such audits “for the purpose of verifying their royalty payments,” said the notice.