SiriusXM Radio

  1. Licensing Hearings in June Expanded, to Include David Israelite, Neil Portnow

    June 04, 2014 3:58 PM EDT Witnesses from around the music business are set for two House Judiciary Committee hearings that will help shape the future of music licensing. The first hearing, previously announced, will take place on Tuesday, June 10th at 10am ET. Billboard ha ...

  2. Liberty Overtakes Disney as Most Profitable Media Conglomerate on Strength of SiriusXM Investment

    March 20, 2014 4:40 PM EDT SNL Kagan says Liberty's fortunes soared in 2013 due a savvy investment in SiriusXM Radio. With a $142 billion market capitalization, Wall Street has determined that the Walt Disney Co. is the most valuable traditional media conglomerate on t ...

  3. Liberty Media Corp Dumps Plans to Acquire SiriusXM Radio

    March 14, 2014 8:44 AM EDT Liberty Media Corp. said Thursday it will reclassify its common stock into two new tracking stocks and, due to the change in structure, it has abandoned its effort to acquire SiriusXM Radio, a company in which it already owns 53%. The plan has the ...

  4. SiriusXM Radio Names George White SVP of Music Licensing

    October 09, 2013 9:13 PM EDT SiriusXM Radio appoints George White senior VP of music licensing. In addition to covering all areas of music licensing, White will work closely with programming and business development on strategic partnerships with labels and performing right ...

  5. SoundExchange Sues SiriusXM Radio Over Royalty Calculations

    August 26, 2013 7:01 PM EDT SoundExchange has filed a lawsuit against SiriusXM Radio that contends SiriusXM "systematically underpaid" royalties from 2007 to 2011. The complaint was filed on Monday (Aug. 26) in the U.S. District Court for the District of Columb ...

  6. Rep. Mel Watt To Introduce Broadcast Radio Performance Rights Bill To Compensate Labels, Artists For Airplay

    July 26, 2013 2:39 PM EDT Rep. Mel Watt plans to introduce legislation that will establish a performance right that would compensate record labels and artists for airplay on broadcast radio. Watt made the announcement on Thursday during the latest hearing on copyright is ...

  7. Omnifone Adds 1.2 Million Subscribers In 6 Months

    June 07, 2013 12:52 PM EDT Omnifone has added 1.2 million subscribers to its cloud-based music services in the last six months. The London-based company, which also has a U.S. office in the Los Angeles area, provides licensing and backend services for a variety of digital ...

  8. Business Matters: What if Pandora Did Direct Licenses?

    May 16, 2013 4:32 PM EDT What would happen if Pandora did direct deals with major labels? Less than you might think. As long as Pandora continues to operate as a statutory service, artists would receive 50% of performance royalties -- the same share they currently ge ...

  9. ASCAP Reports 2012 Financials: Distributed $827 Million

    March 04, 2013 3:32 PM EST ASCAP collected $941 million in revenue last year, down 4.5% from its 2011 total of $982 million. But royalty payments increased slightly to $827 million, up from $824 million in the previous year. This article first appeared in Billboard Mag ...

  10. Jim Meyer Appointed Interim CEO of SiriusXM, Mel Karmazin Officially Steps Down

    December 19, 2012 9:48 AM EST SiriusXM Radio today named James E. Meyer Chief Executive Officer, on an interim basis effective immediately following the announced departure of Mel Karmazin. Mr. Meyer, who was SiriusXM's President of Sales and Operations, will also join th ...

  11. Morning Fix: Taylor Swift's 'Red' Juggernaut; Apple iPad Mini's Maxi Price; Karmazin Out at SiriusXM

    October 24, 2012 8:04 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters TAYLOR SWIFT'S 'RED' TO SELL 1 MILLION IN FIRST WEEK: Taylor Swift is poised to become the first female artist in the Nielsen SoundScan era (1991 to present) ...

  12. Mel Karmazin to Step Down From SiriusXM

    October 23, 2012 4:41 PM EDT SiriusXM Radio today announced that Mel Karmazin told its board of directors that he will be leaving the company on February 1, 2013, according to multiple media outlets . He will also leave the company's board on that date. Karmazin's d ...

  13. Business Matters: Global iTunes Revenue Falls in Successive Quarters

    July 25, 2012 6:35 PM EDT iTunes Expanded, But Revenue Dropped in Fiscal Q3 iTunes started showing its age as its revenue dropped $100 million to $1.8 billion in Apple's fiscal third quarter from $1.9 billion in the fiscal second quarter. The decline occurred even tho ...

  14. Business Matters: Mr. Westergren and Pandora Go to Washington

    July 19, 2012 4:33 PM EDT Mr. Westergren and Pandora Go to Washington -- Legislation drafted by a U.S. Representative suggests that fights over Internet royalties, and the lobbying and publicity efforts by Internet radio giant Pandora, are starting to heat up. According to ...

  15. Business Matters: Pandora Growth Stalls As Dog Days of Summer Begin

    July 10, 2012 6:19 PM EDT Pandora Listening Drops As Summer Advances The growth of Internet radio leader Pandora is practically taken for granted as digital music gobbles up time previously spent listening to other formats. So it's a big deal when Pandora's liste ...

  16. Apollo Theater's Amateur Night Gets Mobile App, Goes Trans-Atlantic

    March 02, 2012 9:16 AM EST Harlem's Apollo Theater announced a wide-ranging expansion of its famous Amateur Night competition, including adding a website , mobile app and partnership with London's Hackney Empire for a transatlantic competition. Bruce Springsteen P ...

  17. NFL, NBC Apologize For M.I.A.'s Super Bowl Halftime Bird Flip

    February 06, 2012 7:49 AM EST (Photo: Getty Images) The NFL and a major television network are apologizing for another Super Bowl halftime show. There was no wardrobe malfunction, nothing like that glimpse of Janet Jackson's nipple eight years ago that caused an uproar an ...

  18. SiriusXM Attempting to License Directly From Labels

    August 11, 2011 8:00 AM EDT SiriusXM Radio, via Music Reports Inc., is attempting to directly license music from record labels, bypassing SoundExchange, Billboard.biz has learned. Currently, SiriusXM operates under a statutory license and pays royalties to SoundExchange. In ...