For the past year, XM and Sirius have been negotiating with the record labels to establish new performance and royalty fee rates. The CRB, a government agency under the authority of the Library of Congress, today issued a ruling establishing the rates for both satcasters through 2012. The rates the broadcasters pay will be based upon gross revenue generated from subscription fees and certain ad revenue.

More information can be found in the press release found at XMRadio.com