July 29, 2015:SiriusXM users up but earnings down

SiriusXM users up but earnings down

A mixed bag in Q2 for US satellite broadcaster SiriusXM. Earnings for the period were $103m, a drop from $120 a year ago – which was partly down to payments to settle recent litigation over recordings for pre-1972 recordings. In a click-click-finger-snap-stop-looking-at-that-look-at-THIS movement, the company has trumpet-tootled about an 8% increase in revenues to $1.12bn as well as a bump of 692k new subscribers in the period,

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