Joint petition to participate
Joint Record Company Participants
Sony Music Entertainment
UMG Recordings, Inc.
Warner Music Group Corp.
Statement of significant interest
Each Joint Petitioner is one of the largest record companies in the United States and, either by itself or through its subsidiaries and affiliates, owns one of the world's largest catalogs of copyrighted sound recordings. Each year, Joint Petitioners create, manufacture and/or distribute large volumes of sound recordings pursuant to mechanical licenses and make substantial royalty payments tied to Section 115 of the Copyright Act. Joint Petitioners each invest significant sums of money every year to bring to market recorded versions of the musical works that are the subject of this proceeding. These activities will continue during the period covered by this proceeding. Each Joint Petitioner thus has a significant interest in this proceeding. See 17 U.S.C. §803(b)(1)(B).