Sirius XM Inks New NFL Deal
Satellite radio’s coverage of the NFL allows subscribers to listen to either the home or away feed on every NFL game. The NFL deal is a content staple that differentiates Sirius XM from other radio services including terrestrial and Internet. With Sirius XM’s addition of on-line streaming of NFL content the Pandora’s and Slackers of the world have lost a step.
Financial terms of the deal have not been disclosed, but the company has characterized the deal as favorable when compared to the old deal, which when reading between the lines would indicate better terms.
Position – Long Sirius XM Radio
as a public company they will have to release the terms of the deal right? and if so on what time frame?
They would only have to release certain terms if they are deemed as material.
wouldnt they have to release info in their annual report?
Only if it is material in nature. For example we as investors have no idea what the GM, Ford, and Chrysler deals are worth. We may get some info, but I doubt we will see the financial side of the deal