>>> "could" (be dismissed) is a word that lawyer's often use until the funds run out.
I used the phrase because the case is weak from what I've heard. I don't know about whether RIAA has a righteous claim or not, but apparently, there is no basis in the law for the claim and presumably that's what the court bases its decision on.
I'm sure that XMSR legal team is telling them they have a great case now. In all likelihood, this will be a many year legal effort, with huge fees that will affect the XMSR bottom line.
This is another ridiculous statement by you. The RIAA & the shareholder suits could drag on for years and the effect on XM's "bottom line" would be totally immaterial unless they lost.
Before you get all excited, you should keep in mind that Sirius has paid RIAA off the S50 only. If Sirius is, in fact, able to produce a wearable mp3 device this year, they are either going to have to pay RIAA off AGAIN or fight like XM.
Do you think it is better for Sirius to pay RIAA up front, or to fight them as XM is? One of the two will have to happen.
Further, add this to XMSR's other legal woes, with its myriad of investigations and you have the stage set for CFP moved back another year, with excuses being made for management.
The FCC "investigation" is over and handled. The shareholder suit will fall apart as soon as the attorneys (or their plaintiffs, if they can find one) have to start spending money. The FTC "investigation" is not going anywhere. What, exactly, are you referring to? |
