Advanced Television

Liberty Media to increase stake in SiriusXM?

November 22, 2011

Liberty Media is considering increasing its ownership share of SiriusXM Satellite Radio, according to the New York Post. In March of 2009, Liberty Media bought a 40 per cent share of the sat radio company as it was facing potential bankruptcy.

The Post states that talks are currently ongoing between both sides. Liberty is currently only able to up its share of SiriusXM to 49.9 per cent.

Categories: Articles, Business, Digital Radio, Funding