Equity Research on SIRIUS XM Radio Inc. and Cumulus Media Inc. -
Broadcasters Forming Potentially Lucrative and Valuable Partnerships
NEW YORK, NY -- (Marketwire) -- 10/03/12 -- Big news for the radio
broadcasting industry, within which SIRIUS XM Radio Inc. and Cumulus
Media Inc. operate, was the recent introduction of a potentially game
changing bill called the "Internet Radio Fairness Act" to the House
and the Senate. The act is seemingly intended to "level the playing
field," bringing royalties which Internet radio providers pay for
music down to the same level as those paid by satellite, radio and
other digital music providers.
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The counter argument, however, is that internet radio services'
royalties are a high percentage of revenues simply because providers
tend to limit audio advertising in order to poach listeners from ad
heavy satellite and terrestrial radio.
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Recent news from companies within the industry includes Sirius XM's
recent partnership with Nissan North America to offer premium
telematics services such as emergency support for accidents, stolen
vehicle tracking and roadside assistance. SIRIUS XM Radio Inc. report
is accessible for free by registering today at
Cumulus Media has also been active, as it recently decided to join
software solutions and business services provider Marketron's Network
Connect. The move could significantly improve efficiency moving
forward. Cumulus Media Inc. report is accessible for free by
registering today at
The two Broadcasting - Radio stocks research reports are available
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