Satellite-radio products threaten music industry-WSJ
Satellite-radio services XM Satellite Radio Holdings Inc. (XMSR) and Sirius Satellite Radio Inc. (SIRI) are launching new receivers that can record music from satellite-radio broadcasts and manage the songs as if they had been bought individually. This is a threat to the music industry, which gets much lower fees for songs that are played on satellite radio than it does for songs that are purchased through download services or on CDs. The music labels are now looking to boost their rates for the right to play their music when the agreements for the satellite-radio companies expire next year.
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