Siriusxm

Why Paying Out Up to $40 Million Over Older Songs Could Be Great News for SiriusXM

Losing between 25 and 40 million dollars in a legal settlement would be a crippling blow for virtually any company — but for satellite radio giant SiriusXM, which cut such a deal in November after a long battle with pop group The Turtles over pre-1972 royalty payments, it could turn out to be a triumph. For the past eight years SiriusXM has not been paying royalties on the music it plays that …


$35 Million Settlement Proposed in Robo-Dialing Class Action Against SiriusXM

A settlement between SiriusXM and Francis W. Hooker, Jr., who brought suit against the company in 2012, has been submitted to Arenda L. Wright Allen, the Eastern District of Virginia judge appointed to the case. If approved, SiriusXM would establish a $35 million settlement fund from which “notice, administrative costs, service awards, and attorneys fees, costs, and other expenses” would be …