Sirius XM to pay $150m to SoundExchange to settle lawsuits

Could peace and love be returning to the US digital-music ecosystem? Don’t answer that question… But there is a new rapprochement of sorts in the relationship between satellite-radio firm Sirius XM and royalty-collector SoundExchange. Sirius XM has agreed to pay SoundExchange a lump sum of $150m to settle a pair of lawsuits that had accused […]

Pandora lays off 5% of staff as value shrinks for Sirius XM

It’s just over a year since Pandora laid off 7% of its staff in the US in order to “to focus and realign existing resources on execution and make further investments in product innovation to drive advertising revenue and subscription growth”. Now it’s in for another round of layoffs, this time “an organisational restructuring designed to […]

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