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Stock Market & Financial Investment News

News Breaks
December 4, 2012
12:20 EDTP, SIRIGOP senator trying to defeat Pandora-backed royalty bill, The Hill says
Republican Senator Bob Corker is attempting to drum up opposition among lawmakers to a bill that Pandora (P) hopes will lower its music royalty rates, according to The Hill. Reference Link
News For P;SIRI From The Last 14 Days
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October 1, 2014
19:59 EDTSIRISirius XM to appeal Turtles lawsuit decision over songs recorded pre-1972
Sirius XM plans to appeal a federal-court decision that found the company had violated California copyright law by broadcasting songs recorded before 1972, specifically songs by the 60s rock band The Turtles, without the permission of the band. CFO David Frear said at the Deutsche Bank Leveraged Finance Conference, "We intend to appeal this decision all the way through the appeal process."
11:50 EDTSIRISirius XM backs net self-pay subscriber additions approximately 1.25M in FY14
Comment from Deutsche Bank 22nd Annual Leveraged Finance Conference.
September 30, 2014
12:23 EDTPPandora upgraded to Market Perform from Underweight at Albert Fried
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September 23, 2014
13:09 EDTP, SIRIJudge 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
10:02 EDTPOn The Fly: Analyst Initiation Summary
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07:05 EDTPPandora initiated with a Hold at Topeka
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September 22, 2014
12:02 EDTPPandora management to meet with Piper Jaffray
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September 18, 2014
07:32 EDTPMKM Partners to hold a conference
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