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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?


To: pcstel who wrote (5961)1/19/2007 11:38:29 AM
From: Sirius_Rich  Read Replies (2) | Respond to of 8420
 
>>> Judge Finds XM Satellite Radio Might Be Cheating Music Companies

More bad news for XM (Perhaps they should have gone the SIRIUS way):

US Judge Denies XM Satellite Bid To Dismiss Rights Suit
10:46 AM EST January 19, 2007

By Chad Bray
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--A federal judge in Manhattan denied a bid Friday by XM Satellite Radio Holdings Inc. (XMSR) to have a copyright lawsuit by the major recording companies over its digital download subscription service thrown out.
In an order issued Friday, U.S. District Judge Deborah A. Batts denied a motion by XM to have the lawsuit dismissed.
The major record labels, including Atlantic Recording Corp., Capitol Records Inc., Sony BMG Music Entertainment and Warner Bros. Records Inc., sued XM last year, alleging XM's digital download service distributes their copyrighted works without their authority.
The complaint claims XM is violating their licensing agreement to broadcast copyrighted songs because it allows customers with special receivers that include MP3 players to record audio files broadcast on XM, rather than just to hear live broadcasts.
An XM spokesman wasn't immediately available to comment Friday.
-By Chad Bray, Dow Jones Newswires; 212-227-2017; chad.bray@dowjones.com

(END) Dow Jones Newswires



To: pcstel who wrote (5961)1/19/2007 12:04:58 PM
From: kknightmcc  Read Replies (1) | Respond to of 8420
 
Court denies XM request to dismiss music label suit
Reuters - January 19, 2007 11:13 AM ET


Related Quotes
Symbol Last Chg
XMSR Trade 15.72 -0.73
Real time quote.

NEW YORK, Jan 19 (Reuters) - A federal court has denied XM Satellite Holding Inc.'s (XMSR) motion to dismiss the recording industry's copyright infringement lawsuit against XM, according to court documents.

The case, originally filed May 2006 in New York federal court, alleged that XM's portable "Inno" device -- which can store music -- infringes on copyrights and transforms a passive radio experience into the equivalent of a digital download service like iTunes.

A spokesman for XM said the company had no comment since it had not yet seen the court documents.