NEW YORK, Jan 15- A New York federal judge on Thursday largely rejected Sirius XM Holdings Inc's request to reconsider her Nov. 14 decision in favor of members of the 1960 s band The Turtles over the payment of royalties for songs made before 1972.. District Judge Colleen McMahon rejected Sirius' arguments that Flo& Eddie Inc, controlled by founding band members...
Jan 7- Satellite radio service Sirius XM Holdings said it would beat its 2014 revenue forecast of $4.15 billion after net subscriber additions exceeded expectations. The company reported about 1.8 million net subscriber additions for the year, above its increased forecast of 1.5 million. Sirius also forecast revenue of about $4.4 billion in 2015 and net...
NEW YORK, Nov 14- A 1960 s rock band on Friday won a second victory against Sirius XM Holdings Inc in a closely watched copyright battle affecting digital media. She said that unless Sirius by Dec. 5 raises any factual issues requiring a trial, she will rule outright for the plaintiff, Flo& Eddie Inc, a company controlled by founding Turtles members Howard Kaylan and...
In reversing a lower court ruling, a three-judge panel of the 9th U.S. Circuit Court of Appeals in Pasadena, California said owners may try to pursue their claims as a group rather than in individual arbitrations, which can be costly and time-consuming. The panel found no showing that plaintiff Erik Knutson, a San Diego- area real estate broker, agreed to arbitrate...
Oct 28- Satellite radio service Sirius XM Holdings Inc reported a better-than-expected 9.9 percent rise in quarterly revenue as strong U.S. auto sales drove a jump in paying subscribers, sending the company's shares up as much 3.3 percent premarket. The New York- based company said subscriber acquisition costs to install car radios fell to $35 in the quarter...
Oct 28- Satellite radio service Sirius XM Holdings Inc reported a 9.9 percent rise in quarterly revenue and net income more than doubled as strong U.S. auto sales drove a jump in paying subscribers. Net income more than doubled to $136.2 million, or 2 cents per share, for the quarter ended Sept. 30, from $62.89 million, or 1 cent per share, a year earlier.
Oct 1- Satellite radio provider Sirius XM Holdings Inc will appeal a California federal judge's decision finding it liable of copyright infringement for airing pre-1972 songs by the band, The Turtles, and failing to pay royalties. District Judge Philip Gutierrez found that California law gave the 1960 s band copyright protection for its music, including the...
Sept 23- A U.S. judge has sided with members of the 1960 s band the Turtles in their dispute with Sirius XM Holdings Inc, ruling the satellite radio provider infringed on copyrights by airing their pre-1972 songs without paying royalties.
*Washington Prime to buy Glimcher realty. NEW YORK, Sept 16- U.S. stocks rose on Tuesday and the S&P notched its best performance in a month after a report shifted investor expectations for the Federal Reserve's policy statement due on Wednesday.
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