XM Satellite Radio announced today that they have settled their suit with Warner Music Group. Warner joins Universal who settled the suit last week. Terms of the settlements have not been disclosed for either suit, however, the the fact that a settlement has been reached is positive news… → Read More
XM and UMG Settle Inno Suit
XM satellite Radio announced today that they have settled with one of the recording labels on their lawsuit surrounding XM’s portable Inno device. The suit, which came as a result of some recording features on the Inno has been ongoing for quite some time. While the news of… → Read More
CRB Ruling Could Be Positive
Robert Peck of Bear Stearns issued a note today relating to the pending Copyright Royalty Board (CRB) decision for satellite radio royalty rates. The board had the arguments outlined earlier this quarter, and a decision is expected prior to the end of the year. Peck expects 10% of… → Read More
Is Wharton Trying To Cover David’s Rehr?
As the merger process has evolved over the last 10 months, the NAB seems to be taking a new tact. Early in the process, the main spokesman seemed to be David Rehr, the President and CEO of the NAB. Rehr testified in congressional hearings and was quite vocal… → Read More
Free Radio AirPlay Resolution Gains Political Support
Traditional radio broadcasters have seen their world change substantially in the past five years. The introduction of satellite radio, iPods, MP3 players, Internet radio and cell phones capable of delivering audio content have stormed onto the scene and brought new challenges to an industry that was status quo… → Read More
Record Companies Win Big Trial
Mention the RIAA or the record industry to a satellite radio investor, and thoughts of the RIAA suit with XM come directly to mind. The RIAA is seeking billions from XM in a lawsuit over recording capabilities of the Inno and Helix. Most casual observers seemed to feel… → Read More
Terrestrial Radio Has Bigger Worries Than The Merger
While the proposed satellite radio merger of Sirius and XM has been a major focus of terrestrial radio, a bigger storm has been brewing, and looks to be coming to a head. ROYALTIES. California legislator Howard Berman is proposing that the 7 decade exemption that radio has had… → Read More
Sirius And XM Propose Set Royaly Tied To Performances
Sirius and XM are in the midst of mediation with the Copyright Royalty Board. The current deal in which Sirius and XM pay a percentage of revenue has expired, and the parties could not come to agreement on how royalties would be handled going forward. This situation is… → Read More
RIAA Suffers Major Loss
In news that will be welcomed by many, the RIAA has suffered a setback in it’s pursuit of individuals that nay or may not be involved in file sharing. The decision has the potential to be devastating for the RIAA, which until now has used its financial muscle… → Read More
Will People Against Censorship Take A Bold Stand?
With the suspension of Opie & Anthony, an organization called People Against Censorship (PAC), was founded by Debbie Wolf. The organization quickly garnered a huge membership (reportedly 12,000 members) from loyal fans to Opie & Anthony. Censorship is a sensitive issue, and no one wants outright censorship to… → Read More
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