Sirius XM Radio Inc (SIRI) Battles To Keep Royalties Low

Sirius XM Radio Inc (NASDAQ:SIRI) has had a good year. The firm’s stock price has risen by more than 50% in the last twelve months and currently stands at $2.80 on improving metrics in the sector, and the increasing prominence of Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB) in the firm’s decision making.

One stumbling block for the company, outlined today in a report from Barclays PLC (LON:BARC) (NYSE:BCS) Equity Research, is the upcoming setting of royalties the company must pay on the music it streams. Current royalty rates have been set since...