Liberty Media is looking to take greater control over pay-radio operator Sirius-XM.  Liberty bought another 94 million shares on August 17th, costing some $234 million, and taking its stake to 48 per cent.

Liberty has also informed US regulator the Federal Communications Commission (FCC) that it plans to take its stake to beyond 50 per cent, and take such further actions that would give it full control.

Other posts by :

1. EchoStar: “Severe uncertainty” led to spectrum sales
2. Netflix gets downgrade on Warner Bros move
3. UK trims Orbex investment
4. Euro-bank sets up €500m space fund
5. Revenue jump forecast for Eutelsat
6. Moody’s upgrades Eutelsat’s debt rating
7. Rivada Space Networks wins spectrum dispute
8. Will we take an AI bubble bath?
9. Eutelsat shareholders upset over Rights Issue

Categories: Articles, Broadcast, Business, Digital Radio, M&A