The Copyright Royalty Judges have received notifications from SoundExchange, Inc., indicating their intent to audit the royalty payments made by commercial webcasters Alpha Media LLC and Univision Communications Inc. for the years 2022, 2023, and 2024. The audits are to verify the correctness of the royalty payments according to statutory licenses covering certain digital audio transmissions. This notice in the Federal Register meets the Judges' requirement to publish this information. SoundExchange, as the designated organization, is responsible for collecting and distributing these royalties to relevant copyright owners and performers.
Simple Explanation
SoundExchange wants to check if some music companies, Alpha Media and Univision, paid the right amount of money to play songs on the internet in 2022, 2023, and 2024. It's like making sure everyone followed the rules when sharing a big box of candies with friends.