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The settlement provided a number of benefits to current and former SiriusXM subscribers, including one free month of service. [69] Turtles v. Sirius XM – SiriusXM paid up to US$99 million to settle a class action lawsuit filed by The Turtles after the satellite radio company spent years broadcasting songs recorded before 1972 without ...
Overall, SiriusXM added 407,000 self-pay subscribers in the final quarter of 2020, up 65,000 year over year, for a total of 34.7 million total users at the end of last year.
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
Pandora is a freemium service; basic features are free with advertisements or limitations, while additional features, such as improved streaming quality, music downloads and offline channels are offered via paid subscriptions. In February 2019, Sirius XM acquired Pandora for $3.5 billion in stock.
Just like that, Sirius XM Radio is hitting new multiyear highs again. Shares of the satellite radio provider traded as high as $3.04 yesterday, pushing the stock to its highest level since March 2008.
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The two companies spent over $3 billion combined to develop satellite radio technology, build and launch the satellites, and for various other business expenses. [5] Stating that it was the only way satellite radio could survive, Sirius and XM announced their merger on February 19, 2007, becoming Sirius XM.
The radio company is in a very interesting position. Is now the time to invest?
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