The Copyright Royalty Judges have received a notice from SoundExchange, Inc., expressing their intent to audit Music Choice. This audit aims to check the royalty payments made by Commercial Webcasters, Preexisting Subscription Services, and Business Establishment Services for the years 2017, 2018, and 2019. According to the rules, SoundExchange can audit a licensee once a year for the past three years to ensure proper royalty payments. The notice of this audit was filed on December 18, 2020, and must be published in the Federal Register within 30 days.
Simple Explanation
In simple terms, the government is letting people know that a company called SoundExchange wants to check if another company, Music Choice, paid the correct amount of money for using music online from 2017 to 2019. This is like making sure everyone pays their share for playing with toys in a playground.