AccuRadio Bankruptcy Sparks Streaming Royalty Fairness Debate

Royalty Standoff Pushes AccuRadio To Chapter 11.

AccuRadio, the pioneering human-curated streaming service, has filed for Chapter 11 bankruptcy protection amid a royalty dispute with SoundExchange and what it calls a system stacked against smaller streamers. Founder Kurt Hanson says the move is strategic as the company…

AccuRadio Bankruptcy Sparks Streaming Royalty Fairness Debate

Citing a "surprise" lawsuit from digital royalty fee collector SoundExchange and a royalty environment that disadvantages small and midsize streamers, online radio platform AccuRadio filed for Chapter 11 bankruptcy protection in federal court on Wednesday.

AccuRadio Files For Chapter 11 Protection

• AccuRadio, the oldest surviving brand of personalizable online radio and the leading fully-human-curated music streaming service, today sought Chapter 11 bankruptcy protection in Chicago, after reaching an impasse in the face of litigation from SoundExchange and a royalty scheme that renders music streaming extremely challenging for all but the largest corporations. “AccuRadio has spent almost 25 years building an innovative and well-loved mus…

SoundExchange Settlement Failure Sends AccuRadio To Bankruptcy | Radio & Television Business Report

It was founded 25 years ago, and offers more than 1,400 online-only music channels to an adult audience with an advertising-supported platform attracting what the company says is “a loyal audience of over 1 million listeners a month.” Now, the Kurt Hanson-helmed AccuRadio has filed for voluntary Chapter 11 bankruptcy protection. Why? It blames its financial fragility on SoundExchange. In a statement released Wednesday afternoon, the bankruptcy f…