The Copyright Royalty Judges have received a notice from SoundExchange, Inc. to audit the royalty payments made by Rockbot, Inc.'s Business Establishment Service for the years 2017, 2018, and 2019. This audit ensures compliance with the statutory licensing terms for digital audio transmissions, as per the Copyright Act. SoundExchange is responsible for collecting and distributing these royalties to the rightful owners and performers. The notice of intent to audit was submitted on December 18, 2020, and this summary fulfills the requirement to publish in the Federal Register.
Simple Explanation
The people in charge of music royalties got a letter saying they will check the money Rockbot, Inc. paid musicians for playing their songs in 2017, 2018, and 2019. This is to make sure everything is fair and correct.