Sirius To Pay Up To $99M In Turtles Suit

The Turtles and Sirius XM have revealed the terms of the settlement reached in their copyright dispute. 

Sirius may be forking over up to $99 million to numerous artists following class-action suits filed by members of The Turtles for playing the band’s songs without permission, according to the New York Times.

The deal requires Sirius to pay $25 million for unlicensed use of songs recorded before 1972 and up $15 million more depending on appeals in New York and Florida.

A second part of the deal includes a license which pays out a 5.5 percent royalty rate, worth between $45 million and $59 million. Major record companies who settled with Sirius for $210 million last year will not get anything out of this arrangement.

The deal is now pending approval from a federal court in California.