Satellite radio

  1. The Satellite Question: Why SiriusXM Should Pay Higher Performance Royalties to Artists

    February 22, 2013 3:06 PM EST On Feb. 14, the Copyright Royalty Board issued a “final determination” setting SiriusXM’s statutory sound recording performance royalty rate for 2013 at 9% of “gross revenue.” This rate is too low by several percentage points, depriving artists an ...

  2. Sirius XM Posts Record Revenue, Talks About Upcoming Internet Radio Service

    February 05, 2013 10:29 AM EST Sirius XM Satellite Radio reported record revenue and earnings Tuesday as it opened the door on a new product: Internet radio. The company's 2012 revenue grew 13% to a record $3.4 billion while adjusted earnings before interest, taxes, depr ...

  3. Three Directors Step Down at Sirius XM Radio as Liberty Media Takes Control

    January 22, 2013 6:54 PM EST Three directors have stepped down from the board of Sirius XM Radio, the firm said Tuesday. A shake-up in the boardroom was not unexpected, given that Liberty Media recently gained control over Sirius. Liberty had been buying shares of Sirius for ...

  4. Business Matters: What Sirius XM's New Statutory Rates Mean for Labels, Artists

    December 17, 2012 6:38 PM EST The Copyright Royalty Board established new rates for satellite radio on Friday for the years 2013 through 2017. The rates are based on Sirius XM's revenue, so the faster Sirius XM grows its revenue, the more revenue will be paid to record la ...

  5. Sirius XM Will Pay More for Music Through 2017 (Updated)

    December 14, 2012 6:08 PM EST Sirius XM will be paying a bit more to play music for the next five years. The Copyright Royalty Board (CRB) announced Friday new statutory royalty rates for satellite radio that cover 2013 through 2017. The CRB set the statutory royalty rates for ...

  6. Morning Fix: Apple iPad Mini Date; Genre Chart Feedback; Rihanna Skyrocketing on Social Media

    October 12, 2012 8:25 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters BILLBOARD'S GENRE CHART POLICY CHANGES Yesterday Billboard unveiled a new methodology for tabulating i ts genre charts to include digital download sales and streaming ...

  7. Business Matters: Sirius XM Raises Forecast for Subscriber Growth

    October 11, 2012 7:33 PM EDT Sirius XM upped its forecast for net subscriber growth for the third time this year. The satellite radio company announced on Wednesday that net additions in the third quarter jumped 34% to 445,921% from 3334,000 in the prior-year period. Sirius e ...

  8. Will Internet Radio Raise Or Shrink Royalties?

    October 08, 2012 1:40 PM EDT Two opposing bills on Capitol Hill could determine the future of the webcasting market for Pandora and its rivals The current lame-duck session of Congress represents the calm before a storm that's expected to erupt in full force next year ...

  9. Liberty Media Raises Stake In SiriusXM Again To 48.8 Percent

    August 29, 2012 12:50 PM EDT John Malone's Liberty Media continues to slowly raise its stake in Sirius XM Radio. The satellite radio firm, led by CEO Mel Karmazin, reported in a regulatory filing late Tuesday that Liberty has bought additional stock to take its ownership ...

  10. Liberty Media Applies for Control of Sirius XM Radio

    August 17, 2012 9:19 PM EDT Billionaire media-mogul John Malone and his Liberty Media moved a step closer on Friday to taking control Sirius XM Radio. In a filing with the FCC, Liberty asked permission to take "de jure" control over Sirius XM, having already failed ...

  11. Business Matters: SiriusXM Adds On-Demand Music and 600,000 Subscribers

    August 07, 2012 9:13 PM EDT SiriusXM Adds On-Demand Music and 600,000 Subscribers -- SiriusXM is the latest radio company to launch an on-demand service that allows people to listen to what they want, when they want. Well, sort of. Launched Tuesday, SiriusXM On Demand gives ...

  12. Florida Georgia Line, Parmalee, Sarah Darling: How SiriusXM Is Helping Break New Country Acts Terrestrial Radio Won't Touch

    August 07, 2012 3:30 PM EDT Florida Georgia Line sold 162,000 downloads of "Cruise," according to Nielsen SoundScan, and got a recording deal with Republic Nashville to boot. Parmalee has amassed 76,000 downloads of "Musta Had a Good Time" and is receivin ...

  13. Sirius XM Adds More Subscribers Than Expected in Q2

    July 09, 2012 8:55 AM EDT Sirius XM Radio said Monday that it added 622,042 net subscribers in the second quarter, a record since the merger that created the satellite radio firm. The sub growth was better than most on Wall Street had expected and up 38 percent from the 45 ...

  14. SiriusXM Canada Requests Reduction In Financial Contribution For National Content

    June 22, 2012 8:55 AM EDT Toronto-based satellite radio service SiriusXM Canada Inc. is asking The Canadian Radio-Television Commission (CRTC) to significantly reduce its financial contribution to the development of Canadian content. The hearings, held this week in Gatinea ...

  15. SoundExchange Top $1 Billion in Total Payouts, Surpasses $100 Million in Q1

    June 18, 2012 11:28 AM EDT SoundExchange announced Monday it has paid out $1 billion in digital performance royalties to record labels and recently topped $100 million in a single quarter for the first time. The organization paid out $108.6 million in the first quarter of 2 ...

  16. Liberty Media Unveils New Plan to Take Control of Sirius XM Radio

    June 01, 2012 6:31 AM EDT John Malone's Liberty Media on Thursday filed details about its new plan to take control of satellite radio firm Sirius XM Radio over time by taking over its board. FCC Rejects Liberty Media's Request to Control Sirius XM Radio The plan ...

  17. Liberty to Boost Stake in Sirius XM

    May 09, 2012 7:44 AM EDT LOS ANGELES (AP) -- Billionaire John Malone's Liberty Media Corp. said Tuesday that it will spend $650 million to increase its effective control of satellite radio company Sirius XM Radio Inc. to 45.2 percent. FCC Rejects Liberty Media's ...

  18. FCC Rejects Liberty Media's Request to Control Sirius XM Radio

    May 04, 2012 8:50 PM EDT The FCC has dismissed a request made March 20 by Liberty Media to temporarily control Sirius XM Radio. Liberty, controlled by John Malone, had sought jurisdiction over the satellite radio company despite owning only enough convertible stock to tra ...

  19. Business Matters: Sirius XM to Offer Personalized Radio

    May 01, 2012 5:10 PM EDT Sirius XM To Dive Into Personalized Radio Internet radio is going to become even more competitive. Sirius XM is following Clear Channel and Pandora into the personalized radio business, the company announced Tuesday. CEO Mel Karmazin mentioned the ...

  20. Sirius XM Posts Record 22.3 Million Subscribers, 38 Percent Earnings Boost

    May 01, 2012 12:32 PM EDT Satellite radio company Sirius XM Radio on Tuesday reported improved first-quarter financials and continued subscriber growth. The company added 405,000 subscribers to end March with a user base of 22.3 million. SiriusXM Files Lawsuit Against Soun ...

  21. Sirius XM Still Facing Legal Challenges Over Five-Year-Old Merger

    April 04, 2012 6:28 PM EDT More than five years after Sirius Satellite Radio and XM Satellite Radio announced a merger that would create the mega-satellite radio network Sirius XM, the company is still in court defending the marriage. On Monday, Sirius XM filed a brief to t ...

  22. Exclusive: Merlin Settles With Sirius for $1.6 Million

    April 04, 2012 5:00 PM EDT Independent rights group Merlin has settled its copyright-infringement lawsuit against Sirius Satellite Radio for $1.6 million. The class action lawsuit stemmed from Stiletto, a hand-held receiver that allowed Sirius subscribers to record audio br ...

  23. En Vivo Launches on SiriusXM Radio by National Latino Broadcasting

    January 12, 2012 12:29 PM EST National Latino Broadcasting has launched En Vivo, a new music channel aimed at U.S. Latinos on SiriusXM, according to a spokesperson for the media company. Officially on the air today (Jan. 12), the channel (147) will include popular music, live ...

  24. Sirius XM Radio Expands Latino Channels, Introduces New Technology

    October 17, 2011 9:33 PM EDT Sirius XM Radio, which broadcasts more than 135 satellite radio channels, is expanding its lineup with a new suite of commercial-free Latino channels, the company has announced. The new features includes the expansion of music, sports, news, talk ...

  25. Sirius XM Brings BBC Radio 1 Back to U.S. with Internet Station after Last Week's Cancellation

    August 16, 2011 3:55 PM EDT Sirius XM announced today that it will be bringing the U.K.'s BBC Radio 1 broadcast, along with exclusive concert performances, to its Internet Radio starting Friday, Aug 19 as a part of a multi-platform agreement. This follows the Aug 10 can ...

  26. Sirius XM Radio Second-Quarter Profit, Subs Surge

    August 02, 2011 8:14 AM EDT NEW YORK - Sirius XM Radio on Tuesday reported a stronger second-quarter profit amid higher revenue and lower loss on debt extinguishment. The satellite radio company's profit of $173.3 million exceeded Wall Street expectations and compared w ...

  27. Business Matters: Is Amazon's 69-Cent Song an Act of Price War?

    May 03, 2011 6:23 PM EDT Is Amazon's 69-Cent Song Pricing an Act of Price War? -- Is Amazon really starting an MP3 price war, as some media reports have suggested? No, probably not. Instead, it appears Amazon has other priorities. Last week, Amazon lowered the price ...

  28. Sirius Profits Soar, Subscriptions Up

    May 03, 2011 5:25 PM EDT Sirius XM Radio Inc's first-quarter revenue was boosted by more subscribers, but it said lower car sales in the wake of the earthquake in Japan could hurt its subscriber growth this year. The company, home to programming by Howard Stern and M ...

  29. XM Settles Last Inno Lawsuit With Indie Labels

    April 11, 2011 4:33 PM EDT XM Satellite Radio settled the last of the lawsuits brought against it over the company's controversial Inno device. Merlin, an organization representing many independent labels, settled for $3.6 million. The major labels, which originally br ...

  30. Sirius XM Stock Impacted by Howard Stern Lawsuit

    March 24, 2011 8:16 AM EDT Wunderlich Securities analyst Matthew Harrigan on Wednesday downgraded his rating on shares of Sirius XM Radio and his target price on them following Howard Stern's lawsuit against the satellite radio company. In early trading, Sirius shares ...

  31. Howard Stern Sues Sirius XM, Claims He Was Stiffed On Stock

    March 23, 2011 7:20 AM EDT In 2004, before Howard Stern signed a blockbuster deal with Sirius Satellite Radio, he thought about retiring. Instead, he took a "significant risk" and went with Sirius. The moment is captured in a lawsuit filed today in New York Superi ...

  32. Sirius XM Radio Ends Year As Second Largest Media Subscription Service

    February 16, 2011 6:45 AM EST Sirius XM Radio said Tuesday it ended 2010 with 20.19 million subscribers, a company record, allowing it to finish the year as the second-largest media subscription business behind cable giant Comcast. Netflix, which is on a faster subscriber grow ...

  33. Satellite Radio Sirius XM To Carry English Soccer Giant Manchester United Games Live

    January 03, 2011 12:00 AM EST Sirius XM Radio is betting on the U.S. fan base of British soccer club Manchester United. The satellite radio firm on Monday unveiled a multi-year deal to be the official radio broadcaster of the 18-time champions of the English Premier League. Fi ...

  34. Sirius XM CFO: Howard Stern Might Have to Take a Pay Cut; Possible 10 Days Left on Air

    December 06, 2010 12:00 AM EST Howard Stern could broadcast live on Sirius XM for the last time on Dec. 16. After that, he heads for his annual end-of-year vacation and there still is no decision as to whether he’ll renew his contract, which expires on Dec. 31 and sets Sirius X ...

  35. Sirius, XM To Merge In Canada

    November 24, 2010 12:00 AM EST More than two years after Sirius Satellite Radio and XM Radio merged in the United States to form Sirius XM Inc., Canadian Satellite Radio Holdings Inc., XM Canada’s parent company, has announced a definitive agreement to combine Sirius Canada Inc ...

  36. Howard Stern 'Pretty Sure' About Sirius XM Exit

    September 04, 2010 12:00 AM EDT Howard Stern is "pretty sure" he'll leave satellite radio, but his unique voice will live on in new media. Then again, it could be all posturing... like Dr. Laura Schlessinger is posturing by pretending to be retiring at the end of ...

  37. Study: 4 Million HD Radios to Hit Marketplace by Year's End

    August 13, 2010 12:00 AM EDT Consumer acceptance of HD Radio may have had a slow start, but that seems to be improving, according to a new study of digital radio by ABI Research. By the end of this year, ABI is forecasting that there will be about 4 million digital radios in ...

  38. Sirius XM Boosts Full-Year Guidance

    July 08, 2010 12:00 AM EDT Sirius XM Radio is adding subscribers at a healthy clip despite a dreary economy for new cars. The nation's only satellite radio company said it added 583,000 subscribers in the second quarter, an astounding accomplishment when compared with ...

  39. Sirius XM Raises 2010 Outlook

    May 18, 2010 12:00 AM EDT Sirius XM Radio has boosted its subscriber and financial outlook for 2010, following a recent set of better-than-expected first-quarter results. The satellite radio company now expects net subscriber additions of approximately 750,000, up from &qu ...

  40. Sirius Posts Profit, Sees Big Subscriber Growth

    February 26, 2010 12:00 AM EST Sirius XM Radio Inc posted its first quarterly profit since its merger and said it expects to add 500,000 new subscribers in 2010 as the recovery in the car market boosts demand for satellite radio. The results suggest that the company, run by med ...

  41. Howard Stern On 'American Idol' Judge Rumors

    February 08, 2010 12:00 AM EST Howard Stern told his satellite radio listeners Monday morning (Feb. 9) that the rumor is true: "American Idol" producers are, in fact, considering him to replace Simon Cowell as a judge on the show. What's more, he's tempted t ...

  42. Business Matters: Sirius XM, Tower Records, Joel Tenenbaum and More

    January 20, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn . -- Sirius XM ’s subscribers and free cash flow were both ...

  43. Business Matters: Last.fm, Xbox, SXSW

    November 25, 2009 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- In light of yesterday's news that music sales have been in the increase in Sweden, it's worth looking at the country's Internet ...

  44. Canadian Publishers Suing XM Satellite Radio

    September 02, 2009 12:00 AM EDT Canadian music publishers are suing XM Satellite Radio seeking unpaid royalties dating back to 2005. CSI, a group representing the Canadian Musical Reproduction Rights Agency Ltd. (CMRRA) and Montreal-based Society for Reproduction Rights of Autho ...

  45. Digital Briefs: Livekick, Clear Channel, Sirius XM

    June 08, 2009 12:00 AM EDT -- Concert recommendation and search engine Livekick has emerged from beta mode, going live with a service that notifies members when their favorite artists are playing locally and helps them search for the lowest-cost tickets online. The search e ...

  46. Sirius Sponsors Polaris Music Prize

    May 26, 2009 12:00 AM EDT Satellite radio company Sirius has stepped up today as the new presenting sponsor for the Polaris Music Prize, an award recognizing the best Canadian album. Rogers Communications had been the previous presenting sponsor from the award's incep ...

  47. Canadian Copyright Board Issues Royalty Decision

    April 08, 2009 12:00 AM EDT The Canadian Copyright Board issued a royalty decision dealing with satellite radio today, concluding these services should pay 6.2% of revenues for the use of music. "This is lower than the total equivalent rates of 7.1% set by the board, th ...

  48. Sirius XM To Roll Out iPhone App In Q2

    March 13, 2009 12:00 AM EDT Sirius XM Radio Inc looks to expand the reach of its satellite radio service with the second-quarter launch of an iPhone application as it explores a potential marketing partnership with satellite TV provider DirecTV Group. The company, which had ...

  49. Sirius Canada Named Live Nation Satellite Radio Partner

    February 25, 2009 12:00 AM EST Digital radio broadcaster Sirius Canada has announced a deal with Live Nation to become the concert giant's official Canadian satellite radio partner. The partnership gives Sirius customers access to live broadcasts featuring Canadian artists ...

  50. Sirius XM Agrees To Liberty Media Deal

    February 17, 2009 12:00 AM EST Satellite Radio firm Sirius XM has avoided a bankruptcy filing, confirming Tuesday morning a deal with John Malone's Liberty Media that will provide it with cash infusions in return for a minority stake in the company. With the agreement, Mal ...

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