On Thursday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), lost -0.53% to $3.73.
Sirius XM Holdings, will pay record labels $210 million to settle a dispute over oldies, the satellite radio provider said Friday, June 26.
The agreement with major labels Sony, Universal and Warner, plus ABKCO Music & Records, resolves one of several battles over royalties for recordings made before 1972, Los Angeles Times Reports.
Sirius said in a regulatory filing that the settlement will allow it to “reproduce, perform and broadcast” the recordings in the U.S. through the end of 2017. As part of the settlement, it can also enter into licenses with the labels to keep playing the old songs through 2022. Los Angeles Times added.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Shares of Vishay Intertechnology Inc. (NYSE:VSH), declined -0.43% to $11.63, during its last trading session.
Vishay Intertechnology, introduced a new surface-mount Power Metal Strip® resistor featuring a high 1 W power rating in the compact 0805 package size. Designed to save space in automotive and computer applications, the Vishay Dale WSLP0805…18 combines its high power-to-footprint-size ratio with extremely low resistance values down to 0.005 Ω.
The advanced construction of the WSLP0805…18 resistor incorporates a solid metal nickel-chrome or manganese-copper alloy resistive element with low TCR (< 20 ppm/°C). This results in a high-power resistor in the 0805 package size that maintains the superior electrical characteristics of the Power Metal Strip construction. The device’s small size allows it to replace larger current sensing resistors, saving space on the circuit board that in turn will enable smaller and lighter products for the consumer.
Offering eight times the power dissipation of other devices in the 0805 package size, the WSLP0805…18 is ideal for all types of current sensing and pulse applications, counting switching and linear power supplies, instruments, power amplifiers, and shunts in automotive electronic controls such as engine, transmission, audio electronics, and climate controls; and DC/DC converters for servers, VRMs for notebook computers, and Li-Ion battery safety and administration. For raised reliability, a reduced CTE (coefficient of thermal expansion) mismatch with the PCB reduces the possibility of solder joint cracks resulting from thermal cycles.
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors.
Finally, Big Lots Inc. (NYSE:BIG), ended its last trade with 0.51% gain, and closed at $45.25.
Big Lots, declared the launch of Big Lots Latino, a new Spanish language information hub for Hispanic customers. Big Lots Latino, which provides culturally relevant information counting tips and ideas on home decor, beauty & health, food & recipes, and crafts, is just one additional way the Company is diversifying its multicultural outreach to this rapidly growing segment of the U.S. population.
“Big Lots wants to be a part of the online conversations our customers are having about our brands,” stated Andrew Stein, Big Lots Senior Vice President, Chief Customer Officer. “As a leading discount retailer, it’s important for us to understand what resonates with her and deliver information in ways that assist her make more informed purchasing decisions.”
In addition, Big Lots recently expanded its social media presence with Spanish language pages on Facebook and Twitter. The Company is proud to work with leading Latina bloggers like Kathy Cano-Murillo of Crafty Chica, Pattie Cordova of Living Mi Vida Loca, and Rocio Chavez of Your Sassy Self to provide insights on the latest trends in DIY projects.
Big Lots, Inc., through its auxiliaries, operates as a non-traditional, discount retailer in the United States. The company offers products under various merchandising categories, such as food category that comprises beverage and grocery, candy and snacks, and specialty foods departments.
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