▁K end all ▁M inter ▁( att orney ), ▁Richard ▁Burg ess ▁( American ▁Association ▁of ▁Independent ▁Music ), ▁Patrick ▁R ains ▁( art ist ▁manager , ▁P RA ▁Records ), ▁Mar tha ▁Re e ves ▁( art ist ), ▁Perry ▁Res nick ▁( R Z O ▁Royal ty ▁Management ), ▁Paul ▁Robinson ▁( W ar ner ▁Music ▁Group ), ▁C ary ▁Sh erman ▁( RI AA ), ▁D arius ▁Van ▁Ar man ▁( Secret ly ▁Group ), ▁Ron ▁Wil co x ▁( W ar ner ▁Music ▁Group ) ▁and ▁Victor ▁Zar aya ▁( R az or ▁& ▁T ie ). ▁ ▁Royal ty ▁rate ▁setting ▁As ▁required ▁by ▁ ▁and ▁, ▁Sound Ex change , ▁along ▁with ▁other ▁interested ▁parties , ▁particip ates ▁in ▁each ▁periodic ▁rate - making ▁proceed ings ▁to ▁establish ▁rates ▁that ▁compens ate ▁copy right ▁own ers ▁and ▁perform ers ▁for ▁the ▁use ▁of ▁copy right ed ▁sound ▁record ings . ▁Such ▁rate ▁setting ▁proceed ings ▁may ▁be ▁resolved ▁through ▁proceed ings ▁through ▁the ▁Copy right ▁Royal ty ▁Board ▁( CR B ). ▁ ▁Sat ellite ▁radio ▁In ▁December ▁ 2 0 1 7 , ▁the ▁Copy right ▁Royal ty ▁Board ▁( CR B ) ▁increased ▁the ▁Si ri us ▁X M ▁royal ty ▁rate ▁from ▁ 1 1 . 5 % ▁of ▁re venue ▁to ▁ 1 5 . 5 % ▁of ▁re venue ▁through ▁ 2 0 2 2 . ▁The ▁CR B ▁also ▁rendered ▁a ▁decision ▁on ▁royal ty ▁rates ▁paid ▁by ▁M uz ak