Shares of Sirius XM Radio tanked on Friday after a massive royalty rate increase. Sirius XM executives may be slipping into panic mode, thanks to an unexpectedly harsh royalty rate increase. The steep hike caused Sirius shares to slip during Friday trading, based on serious concerns over future overhead burdens. The rate was issued by […]
The post Sirius XM Radio Just Got Slammed With 41% Royalty Rate Increase appeared first on Digital Music News.