Liberty Media is considering increasing its ownership share of SiriusXM Satellite Radio, according to the New York Post. In March of 2009, Liberty Media bought a 40 per cent share of the sat radio company as it was facing potential bankruptcy.

The Post states that talks are currently ongoing between both sides. Liberty is currently only able to up its share of SiriusXM to 49.9 per cent.

Other posts by :

1. Italy joins Germany in IRIS2 alternate thoughts
2. Kazakhstan to create museum at Yuri Gagarin launch site
3. AST SpaceMobile gets $42 or $1500 price target
4. Analyst: GEO bloodbath taking place
5. SES AGM results: Appaloosa still objecting
6. SpaceX’s Shotwell worth $1.2bn
7. SpinLaunch’s revolutionary plan for 280 satellites
8. Consolidation impacts satellite sector
9. Project Kuiper plans first satellite launch

Categories: Articles, Business, Digital Radio, Funding