Sirius XM Holdings Inc (SIRI)

[jestme4now]

Sirius XM will appeal California judge's copyright ruling:


Sirius XM Radio (NASDAQ:SIRI) will appeal a California federal judge's ruling stating it violated state copyright laws for airing pre-1972 songs by the band, The Turtles, without paying royalties.

Last month, U.S. District Judge Philip Gutierrez found that California law gave the band copyright protection, although federal copyright only applies to recordings made after February 1972.

The outcome of the case will have wide reaching implications for not only digital music services, but for radio stations and public venues as well.