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  • Aug 5- CBS Corp, owner of the most-watched U.S. CBS, home to shows such as "Madam Secretary", "Scorpion", and "NCIS: New Orleans, said revenue from affiliates and subscription fees jumped 28.3 percent in the second quarter ended June 30. CBS, in addition to its TV broadcast network, owns cable channels Showtime and CBS Sports Network, radio stations and the Simon& Schuster...

  • FM radio comeback Tuesday, 4 Aug 2015 | 1:43 PM ET
    FM radio comeback

    Music streaming and satellite services are becoming more popular, so what is the future for FM radio. Barton Crockett, FBR, provides perspective on AT&T's plans to activate FM chips in all Android phones.

  • Aug 3- Sirius XM Radio Inc has agreed to pay up to $1.3 million to settle claims that it violated U.S. labor laws by not paying interns, making the satellite radio provider the latest large company to settle such a case. In cases against Fox Searchlight Pictures Inc and The Hearst Corp, the appeals court said unpaid internships were legal when they were closely tied...

  • Qualcomm wins appeal in $173 mln ParkerVision case Friday, 31 Jul 2015 | 10:41 AM ET

    NEW YORK, July 31- A U.S. appeals court on Friday upheld a lower court's decision to clear Qualcomm Inc in a patent lawsuit by ParkerVision Inc, allowing it to escape a $173 million verdict for infringement. ParkerVision had accused Qualcomm of infringing its patents beginning in 2006 over a means to convert radio frequency signals, and incorporating its...

  • BEIJING, July 30- China's elite Politburo, a decision-making body of the Communist Party, has promised to carry out targeted policy measures to sustain stable economic growth, the Chinese state radio said on Thursday.

  • July 28- Sirius XM Holdings Inc reported an 8.5 percent rise in quarterly revenue as strong U.S. auto sales helped it add more paying subscribers for its satellite radio service. The company's net income fell to $102.8 million in the second quarter ended June 30, from $120 million a year earlier. Revenue rose to $1.12 billion from $1.04 billion, the company said.

  • BEIJING, July 16- China's outbound investment rose 29.2 percent in the first six months of 2015 from a year earlier, state television reported on Thursday, citing the Ministry of Commerce. Outbound investment in the six months to June totalled $56 billion, the broadcaster reported. State radio earlier on Thursday said outbound investment over the period had...

  • BEIJING, July 16- China's outbound investment during the first six months of 2015 rose nearly 30 percent from a year earlier, state radio reported late on Thursday, citing the Ministry of Commerce.

  • BEIJING, July 15- China will increase the amount of loans it issues from its $3.69 trillion of foreign exchange reserves, the country's premier Li Keqiang was quoted as saying by state radio on Wednesday. China will ensure that the renminbi will remain stable at a reasonable level, Li was also quoted as saying. Meanwhile, banks will be encouraged to help provide...

  • UPDATE 2-Pluto probe survives encounter, phones home Tuesday, 14 Jul 2015 | 9:18 PM ET

    NASA's New Horizons spacecraft passed by the ice-and-rock planetoid and its entourage of five moons at 7:49 a.m. EDT. But right on time, New Horizons made radio contact with flight controllers at the Johns Hopkins University Applied Physics Lab outside Baltimore, sparking a wave of shouts and applause from an overflow crowd gathered to watch the drama...

  • BERLIN, July 8- Greece and its international lenders are likely to agree on an aid-for-reforms deal, but time is running out, Finnish Finance Minister Alexander Stubb said in a German radio interview. "We are not throwing Greece out, we don't want a Grexit. He underlined that Finland had a similar stance to Germany. "

  • BERLIN, July 5- The head of the European Parliament, Martin Schulz, told German radio that Greece would have to introduce another currency if the "no" vote wins in Sunday's referendum on an aid-for-reforms deal. "Is Greece still in the euro after this referendum? That is certainly the case, but if they say' no' they will have to introduce another currency after the...

  • MEXICO CITY, July 2- Mexico's telecoms regulator said on Thursday that a new tender process for digital TV channels will begin in the last quarter of 2015, and the winner will be announced in the first half of 2016.. The step comes after the regulator in April revoked the awarding of a new TV network to media group Grupo Radio Centro, which failed to pay the sum...

  • June 26- Sirius XM Holdings Inc on Friday said it agreed to pay five record companies $210 million to settle a lawsuit accusing the satellite radio company of broadcasting songs made before 1972 without permission and without paying royalties. The settlement resolves claims by Capitol Records LLC, Sony Music Entertainment, UMG Recordings Inc, Warner Music...

  • June 26- Sirius XM Holdings Inc on Friday said it agreed to pay five record companies $210 million to settle a lawsuit accusing the satellite radio company of broadcasting songs made before 1972 without permission and without paying royalties. In a regulatory filing, Sirius said the accord with Capitol Records LLC, Sony Music Entertainment, UMG Recordings Inc,...

  • WASHINGTON, June 24- General Motors Co plans to begin testing new Cisco Systems Inc technology that could allow "talking" cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers. "We are very optimistic about a sharing proposal from Cisco that would operate on a' listen, detect and vacate' basis," said Harry Lightsey,...

  • iHeartMedia CEO: How Apple handled Taylor Swift Tuesday, 23 Jun 2015 | 12:32 PM ET
    iHeartMedia CEO Bob Pittman

    Bob Pittman explains how he thinks Apple dealt with the fallout from Taylor Swift's criticisms.

  • Sirius XM wins a US court ruling over pre-1972 songs Monday, 22 Jun 2015 | 3:13 PM ET

    June 22- Sirius XM Radio Inc won a victory in its legal battle to limit how much it spends to play music, as a federal judge said Florida law does not require the satellite radio company to pay royalties on songs made before 1972.. District Judge Darrin Gayles in Miami breaks from rulings by federal judges in New York and Los Angeles against Sirius in related...

  • NEW YORK, May 27- A U.S. judge in California allowed a class action lawsuit to proceed on Wednesday against satellite-radio company Sirius XM Holdings Inc over the payment of royalties for songs produced before 1972, in a case that is being closely watched for its implications for digital media. Gutierrez ruled last September that, under California state law,...

  • NEW YORK, May 27- A U.S. judge in California on Wednesday allowed a class action lawsuit to proceed against satellite-radio company Sirius XM Holdings Inc over the payment of royalties for songs made before 1972..