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Stock Market & Financial Investment News

News Breaks
December 2, 2012
15:08 EDTLMCA, SIRILiberty Media's Starz spinoff could unlock value, Barron's says
The planned spinoff of Starz, one of the most valuable assets of Liberty Media (LMCA), could boost other assets, contends Barron's. Sirius XM (SIRI) may be the next spin off if Liberty is granted regulatory approval to take complete control of the satellite radio company, the paper adds. Reference Link
News For LMCA;SIRI From The Last 14 Days
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September 23, 2014
13:09 EDTSIRIJudge rules Sirius XM infringed copyrights by playing songs recorded pre-1972
In a $100M royalty lawsuit between the rock band The Turtles and Sirius XM (SIRI), a California federal judge ruled that Sirius XM infringed copyrights and violated California state laws by broadcasting songs recorded before 1972 without paying royalties for the performance of the recording. Judge Philip Gutierrez ruled that the music industry can claim additional copyright in broadcasted songs that were recorded before 1972. The ruling can have a far reaching impact on digital radio providers who may have to cough up additional royalty fees for playing songs recorded before 1972. Pandora (P) is also a digital radio provider. Reference Link
September 16, 2014
07:27 EDTSIRIBofA/Merrill to hold a conference
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