A group of angry consumers say the satellite radio giant has been quietly adding a misleading “U.S. Music Royalty Fee” that jacks up prices above what's actually advertised.
The Billboard Global Music Index fell 0.3% to 1,814.88, bringing its year-to-date gain to 18.3%.
The 1-for-10 stock split reduces the number of shares in hopes of boosting the company's stock when it merges with Liberty Media's tracking stock later this year.
"It is actually quite a complicated format and he made it look easy," Steven Van Zandt wrote in tribute.
Wednesday's (June 12) sit-in was part of the broadcaster's new Guest DJ campaign that will include similar sets from Kate Hudson, Kevin Hart, Conan O'Brien, Rob Lowe and more.
The dedicated channel will launch on Friday (May 10) at noon. E.T.
"Slightly higher churn" from the impact of auto sales in the first quarter overshadowed the company's revenue, which beat analysts' expectations.
Layoffs are required to become "even more efficient, agile, and flexible," said CEO Jennifer Witz.
Full-year revenue dropped 0.6% to $8.95 billion while adjusted EBITDA fell 2% to $2.8 billion.
The court referenced the need to sign a longform agreement to finalize the contract.
