In yet another suit filed against Sirius XM, allegations surrounding the merger and the company’s pricing plans seems to be the center of attention. The latest is a lawsuit brought by Michael Shenk against the Board of Directors and Sirius XM Satellite Radio as a nominal defendant. The first thing to understand here is that… → Read More
Fire Mel Karmazin? Is someone out there crazy? He is a legend in the media business, and has turned around Sirius XM after what had been a difficult merger process that nearly bankrupted the company. Who would ever ask that Karmazin be fired? Well, that is what Robert Michael Shenk is doing in a new… → Read More
In a move that was widely anticipated, Sirius XM Satellite Radio (NASDAQ:SIRI) has settled a class action lawsuit brought against it. Class action suits that reach a trial date without dismissal are often settled. The settlement, like many sees the attorneys getting the most benefit, but there are some aspects of the settlement that can… → Read More
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There is new news in the Howard Stern lawsuit against Sirius XM, and it is quite interesting. The company admits that many facts alleged by Stern, Buchwald, and One Twelve media are indeed accurate, and contends that the lawsuit centers on one pivotal issue. That issue is whether XM subscribers should be counted in the… → Read More
Two weeks ago the world learned that Howard Stern’s production company, One Twelve Media, and his agent Don Buchwald were suing Sirius XM. Today the New York Supreme Court added a new piece of information to the case history. Sirius XM was officially served an AFFIDAVIT OF SERVICE OF THE SUMMONS, COMPLAINT AND NOTICE OF… → Read More
Sirius XM (NASDAQ:SIRI) has been in the news a lot lately with regard to lawsuits. There is a pending lawsuit brought by Howard Stern, his agent, and his production company as well as a suit that has received authorization to proceed as a Class Action. While those suits have put a bit of a damper… → Read More
Sirius XM was hit with more lawsuit news today when a federal judge approved Class Action status for an antitrust trust against the company. Judge Harold Baer dismissed consumer protection claims brought by 20 states at the same time. This is the second legal matter in a recent news surrounding Sirius XM. Howard Stern filed… → Read More
By now most everyone that follows the media is well aware that Howard Stern’s production company, One Twelve Productions, and his agent, Don Buchwald have filed a lawsuit against Sirius XM Radio. The suit alleges that Sirius and/or Sirius XM Radio have failed to pay certain performance bonuses due to them based on the company’s… → Read More
Digital rights for music and content is not a new phenomenon, but it is only just now that the issue seems to be raising the stakes in the world of digital content. With the advent of smart phones and apps, the ease with which digital content can be accessed has made it a cash cow… → Read More
It is the issue that wont go away, and even after almost three years has not come to a resolution. Back when the merger was approved there were several stipulations attached. One stipulation related to Sirius XM giving up space for channels to be leased to “qualified entities” that would provide minority and educational programming…. → Read More