3 Media Stocks in Focus: Sirius’s Serious Legal Trouble, Fox’s Ambitious Goals, Disney’s Big Buyback

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Sirius XM Radio (NASDAQ:SIRI): Sony, Universal, and ABKCO are reportedly filing a lawsuit against Sirius on the basis that the satellite service used recordings from before 1972 without permission. The core issue at hand revolves around a federal copyright protection law that went into effect in 1972; if the company loses, Sirius will become increasingly vulnerable to many other suits of the same nature.

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