Sources: Sirius XM and Amazon slow podcast dealmaking and Spotify froze its US budget for new podcasts; all three seek to keep 50% of ad revenue vs. 20% before
Sirius XM invests $75M in SoundCloud in exchange for a minority stake and two seats on the board
Georg Szalai / Hollywood Reporter :
Netflix is creating a comedy-focused radio channel in partnership with Sirius XM, due to launch in January 2019
Joe Flint / Wall Street Journal :
Law enforcement has used services like SiriusXM and GM's OnStar to track cars and listen in on conversations since at least 2001, review of court filings shows
The rapid spread of connected devices that can listen and locate has been a boon for law enforcement. Tweets: @uvstaska , @hoofnagle , @jackshafer , @gerzic , @jackshafer , @onstar , @swiftonsecurity ...
Pandora's stock up 16% on reports of a possible sale; sources say Sirius XM approached the company again and Pandora has reached out to other potential suitors
Board hasn't responded to new engagement from Greg Maffei — Pandora advisers have begun soliciting interest from buyers
Pandora's stock up 16% on reports of a possible sale; sources say Sirius XM approached the company again and Pandora has reached out to other potential suitors
Board hasn't responded to new engagement from Greg Maffei — Pandora advisers have begun soliciting interest from buyers
Sources: Liberty Media CEO Greg Maffei, whose company controls Sirius XM, floated an offer to buy Pandora for $3.4B+ but was rejected by Pandora's board
Wall Street Journal :
Sources: Liberty Media CEO Greg Maffei, whose company controls Sirius XM, floated an offer to buy Pandora for $3.4B+ but was rejected by Pandora's board
Pandora's board rejected bid, wanted better offer, sources say — Liberty Media Corp. Chief Executive Greg Maffei …