The West Coast-based DJ was most recently host of the shows Deep Tracks and Classic Vinyl on SiriusXM.
The Billboard Global Music Index dropped 1.5% to 1,355.65 this week, bringing its year-to-date gain to 16.1%.
The company's stock ended the week at $4.52 while the overall Billboard Global Music Index gained 1.1% for a year-to-date improvement of 15.2%.
In a new filing, the satellite-radio giant says SoundExchange’s “so-called audit” is “flawed" and claims SiriusXM has paid all of the royalties it owes.
The Billboard Global Music Index rose 4.7% as 12 of its 21 stocks posted gains this week.
The lawsuit claims SiriusXM is bundling its streaming and satellite services as part of a scheme to “grossly underpay the royalties it owes.”
The Billboard Global Music Index rose 6.8% to 1,447.32, bringing the year-to-date gain to 23.9%.
The Billboard Global Music Index rose 2.5% this week and finished the midpoint of 2023 up 13%.
The satellite broadcaster will migrate Stitcher users to the SiriusXM app in an attempt to draw more subscribers to the service.
The channel is available for subscribers to tune-in from their cars at channel 307, and on the SXM App.
