Sirius XM Radio Inc (NASDAQ:SIRI) might be the subject of an FCC probe after an Atlanta based radio company, Redding Communications Inc., accused the company of suppressing minority voices on its broadcast service. Redding CEO, Robert Redding Jr., is preparing a request for a probe along with his legal team. Sirius stock has been buoyant so far in 2013, this request is unlikely to slow the company down.
The compliant relates to the handling of channel 128, titled Urban View and formerly The Power. Earlier in February, the...
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