Music license advocacy group speaks out.

Sound Royalties, LLC, a company that loans money to artists and composers using royalties as collateral, has released a statement praising the “pushback to RMLC” by Global Music Rights and SESAC, saying the music-rights organizations “shined a bright light on this serious issue plaguing the music industry.” The statement asserts, “Despite the fact that people are consuming more music than ever before, somehow the writers behind the songs driving our lives are being paid less.”

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