Shareholder sues Sirius XM

The City of Miami Police Relief and Pension Fund has filed suit in Delaware Chancery Court against the board of directors of the satellite provider for failing to prevent a takeover by Liberty Media. According to the suit, the Liberty…

Fine-worthy offenses

The FCC has slapped WSKQ, a Spanish-language station in New York, with a $16,000 fine for “willfully and repeatedly” violating the Commission’s regs by recording and playing back on the air a telephone conversation without telling the caller about it…

Leno pay cut has radio reverberations

NBC, now owned by Comcast, has slashed the budget of its flagship late-night show The Tonight Show from $2.3 million to about $1.7 million – back to where it was before Leno’s ill-faded prime time bid. The cuts affect about…

The industry responds to Nadler

NAB Executive VP/Media Relations Dennis Wharton jumped on Rep. Jerrold Nadler’s proposed legislation, saying, “It fails to recognize the unparalleled promotional value of local radio airplay and kill jobs at America’s hometown radio stations.” Wharton continued, “We continue to support…

With friends like these …

This week, Congressman Jerrold Nadler floated the idea of a law requiring radio stations to pay a fee directly to artists for playing their music – in addition to the fees we already pay to music licensing organizations like BMI,…