AccuRadio Seeks Chapter 11 Protection Citing Broken Royalty System And SoundExchange Litigation - Podcaster News
AccuRadio faces disproportionate challenges due to exorbitant royalty rates that hinder small and midsize streaming services, as expressed by CEO Kurt Hanson.
AccuRadio Seeks Chapter 11 Protection, Citing Broken Royalty System and SoundExchange Litigation
AccuRadio has filed for bankruptcy protection amid failed negotiations with SoundExchange over royalty payments, highlighting challenges faced by smaller streaming services.