(Garrett Barry/CBC - image credit)Following SiriusXM's announcement that it will not be renewing its contract with CBC Music, musicians and other industry professionals in Newfoundland and Labrador fear it will mean a loss of thousands of dollars in revenue for the province's artists. On Oct. 1, SiriusXM announced it would not be renewing its contract with CBC Music. For years, CBC Music programmed four satellite radio stations for SiriusXM: CBC Radio 3 Classic, CBC Country, ICI Musique Franco-Country and ICI Musique Chansons. The whole music industry is build around the royalties that come from radio play. CRTC requirements dictate that SiriusXM must provide three French-language stations, three English-language stations and one Indigenous languages station.

Source: CBC News November 06, 2022 10:47 UTC