what were u guys expecting? People let themselves get too excited.
what were u guys expecting? People let themselves get too excited.
Brandon is going to really screw up big time if he publishes the article that Sirius will lose subs in '09. His calculations are way off and he needs to understand the facts a little better before making a fool of himself.
sound exchange can audit one time yearly and it requires they inform the copyright royalty board of their intent to do so.
when the new rates were set sound exchange tried to appeal the ruling from the crb it was denied they are pursuing legal action as you can see from the information below via broadcastlawblog
January 27, 2009
Dates Set for Oral Arguments on Web casting and Satellite Radio Appeals Of Copyright Royalty Board Decisions[/URL]
The oral argument on the Web casting appeal of the March 2007 Copyright Royalty Board decision setting Internet radio sound recording royalty rates for 2006-2010 has now been set for March 19. So, if no settlement under the Webcaster Settlement Act (about which we wrote here) is reached before the February 15 deadline set out in that act, the case will go on to the argument, though apparently without NPR, which benefits from the settlement that the Corporation for Public Broadcasting has reached with SoundExchange. Even with a settlement with all of the webcasters, SoundExchange is still being challenged by Royalty Logic, which wants to be an alternative collection agency for music royalties, so the case will probably go forward. Royalty Logic is the party which raised the issue of whether the Copyright Royalty Board was properly appointed under the Appointments Clause of the Constitution, an issue that looks to invalidate the entire CRB decision. Even thought the Court's argument will be held in March, a final decision will likely not be released for several months after the argument.
The royalty case that resulted in the much lower royalties for Sirius XM is also scheduled for argument in March, the week after the webcasters case. That decision, about which we wrote here, was decided under the 801(b) standard, which takes into account not only the perceived economic value of the music (the "willing buyer, willing seller" standard used in the webcasting case), but also factors involving the public's interest in receiving music, and the impact on the industry that the royalties will have. If these cases both go forward, after hearing them in short order, the US Court of Appeals will become the center of the digital music royalty world - at least for a short period of time. Watch for more as these cases develop
With the grim news from GM and the grim news from China (no stimulus package for them, from their government) looks like the DJIA is going to head down again, taking SIRI with it, I suppose.
OH, I am a newb to these forums, and yes, I have investment with SIRI.
Joc
Hey Banana,
Between yesterday and today both on CNBC and FBN it was said THREE times that when the dust clears "there will be a lot of people wearing orange suits". Mel will be one of them.
I did not say his name was mentioned. It was my opinion that Mel will be one of them wearing an orange suit. And yes I am part of the Hartlieb group. And yes we know Mel has done criminal damage to this company.
Last edited by SiriusXMInvestor; 03-05-2009 at 11:41 AM.
SIRI is not the only company delaying their Q4 and annual reports.....
DJ Companies Notifying SEC of Late Reports
Companies and other entities that are unable to file their quarterly and annual reports on time must notify the Securities and Exchange Commission. Monday was a deadline for many companies to file their quarterly reports.
The following companies, listed alphabetically, submitted late-filing notifications or amended those notifications from Monday, Feb. 22 through 11:00 a.m. Wednesday.
Company Name Identifier
ABITIBIBOWATER INC ABH
ACI WORLDWIDE INC ACIW
AMERICHIP INTERNATIONAL INC ACII
ANTHRACITE CAPITAL INC AHR
ATP OIL & GAS CORP ATPG
ATWOOD MINERALS & MINING CORP AWMM
AUTOLINE GROUP INC GNYS
CALIBERT EXPLORATIONS INC CXLT
CARRIZO OIL & GAS INC CRZO
CHINA ELITE INFORMATION CO LTD 0001077561
CHINA ENERGY CORP CHGY
CONSECO INC CNO
CROCS INC CROX
ECRYPT TECHNOLOGIES INC 0001449574
FERRO CORP FOE
FORCE ENERGY CORP FORC
GALLERY MANAGEMENT HOLDING CORP GMHC
GENERAL MOTORS CORP GM
GLOBAL GREEN SOLUTIONS INC GGRN
HERTZ GLOBAL HOLDINGS INC HTZ
HIPSO MULTIMEDIA INC 0001345865
INFOLINX COMMUNICATIONS LTD 0001384194
INSIGHT ENTERPRISES INC NSIT
INTEGRA LIFESCIENCES HOLDINGS CORP IART
JOE'S JEANS INC JOEZ
KURRANT MOBILE CATERING INC KRMC
LANDAMERICA FINANCIAL GROUP INC LFGRQ
LASER MASTER INTERNATIONAL INC LMTI
LATIN AMERICAN TELECOMMUNICATIONS VENTURE CO LTTV
LAUD RESOURCES INC MASP
LEAR CORP LEA
MGM MIRAGE MGM
MONZA VENTURES INC MZAV
MULTICELL TECHNOLOGIES INC MCET
NEXT INC NXTI
ONLINE ORIGINALS INC OLOI
OPENCELL BIOMED INC OCBM
PENGRAM CORP PGRM
PHOENIX COMPANIES INC PNX
PINNACLE ENTERTAINMENT INC PNK
PUBLIX SUPER MARKETS INC PUSH
QUADRA PROJECTS INC QDRA
QUICKSILVER RESOURCES INC KWK
R&G FINANCIAL CORP RGFC
REGENCY CENTERS CORP REG
REGENCY CENTERS LP 0001066247
SILVERADO GOLD MINES LTD SLGLF
SIRIUS SATELLITE RADIO INC SIRI
SMURFIT-STONE CONTAINER CORP SSCCQ
SOVEREIGN BANCORP INC SOV
UCLUELET EXPLORATION CORP COGC
VERISIGN INC/CA VRSN
VIROPRO INC VPRO
VORNADO REALTY LP 0001040765
WELLCARE GROUP INC WCG
WESTBRIDGE RESEARCH GROUP 0000750150
XM SATELLITE RADIO INC SIRI
Source: Dow Jones