Alvarez v. Sirius XM Settlement (2024)

FAQs

What is the Alvarez vs SiriusXM settlement? ›

The Settlement will provide Class Members with the following benefits: Unlimited transfers of Active Lifetime Subscriptions from one satellite radio to another satellite radio. A transfer fee of $35 per transfer.

Nearly 1 Million People Will Get Lifetime Subscriptions In SiriusXM Settlement. Three law firms will receive $3.47 million in attorney fees in a class action settlement with SiriusXM over how the satcaster handled the terms of lifetime subscriptions.

Update: Sirius XM has been hit with another class action lawsuit alleging violations of the Telephone Consumer Protection Act (TCPA), three years after the company agreed to a class action settlement worth $32.4 million arising from claims that the satellite radio service violated the TCPA.

In the year-ago period, it had added 616,000 self-pay customers and lost 828,000 paid promotional users. The total gain of 138,000 subscribers in the latest period compared with a loss of 212,000 in the year-ago period.

Grant Random checks in to let us know that he has stepped down from morning drive on SiriusXM's Octane to launch a podcast. Random had done mornings on Octane since December 2012 and had been with the channel since the famous Sirius & XM merger back in November 2008.

Yes! Active lifetime subscriptions (excluding Lifetime subscriptions included with the purchase of certain luxury vehicles) are now transferrable an unlimited number of times to a new radio on your account. A $35 fee per transfer applies.

The estimated total pay for a On-Air Personality at SiriusXM is $79,436 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $56,686 per year.

Sirius XM Holdings's analyst rating consensus is a Hold. This is based on the ratings of 12 Wall Streets Analysts.

What If Money Is Leftover After a Class Action? If a common fund isn't used up after a certain amount of time, the remaining money might be returned to the defendant. Sometimes, leftover money might be distributed among class members or donated as a cy-pres award.

Should I claim class action lawsuit? ›

Even in cases with minor damages, it may be worth your time, money, and resources to join a class action lawsuit. If you have minor injuries or other damages from a large company's negligence, these issues can affect many other people, too.

The risk of a class-action lawsuit is that if you lose, you will not receive any compensation for your injuries. If you win, however, you will receive a financial or other non-monetary award.

Stock Price Forecast

The 15 analysts offering 12-month price forecasts for Sirius XM Holdings Inc have a median target of 5.40, with a high estimate of 7.00 and a low estimate of 4.50. The median estimate represents a +23.01% increase from the last price of 4.39.

1. Top 40 Hits (Ch. 2) From pop to hip-hop and rock to R&B, SiriusXM Hits 1 plays The Most Hit Music!

Sirius XM Holdings gross profit for the twelve months ending December 31, 2022 was $4.873B, a 3.07% increase year-over-year. Sirius XM Holdings annual gross profit for 2022 was $4.873B, a 3.07% increase from 2021. Sirius XM Holdings annual gross profit for 2021 was $4.728B, a 5.99% increase from 2020.

In October 2021, SiriusXM announced that the station would move to channel 73 on the SiriusXM service on November 3, and that the station's name would simultaneously change to '60s Gold.

The company sold its stake in SiriusXM in 2013 and kept only “Z-100” and KIIS-FM on the satellite broadcaster. In the years since, “Z-100” was removed from SiriusXM's channel lineup but remained on the streaming app and KIIS-FM switched its channel position in November.

This could be due to a couple of reasons: Your subscription may no longer be active. Log in to the Online Account Center to check the status of your account, view and pay your bill, and manage or reactivate your subscription.

Contact the SiriusXM retention department and ask to speak to someone about re-assessing your plan. Mention how much you are enjoying the service, but explain that you feel your rates are too high and want a better deal.

OFFER DETAILS: Activate a new Music & Entertainment subscription Plan and pay $4.99 each month for your first 12 months, plus get free activation (a $15 savings).

How to get a discount on SiriusXM? ›

SiriusXM is always willing to negotiate a better deal to keep you on their service. The deals can be as good as half off the list price for an All Access subscription. The only way to get those deals is to call and cancel, though.

Howard Stern – $90 million

He has been on the air for over 30 years and currently has a contract worth $500 million with SiriusXM. In addition to his work on satellite radio, Stern also makes money from his book deals and investments.

While ZipRecruiter is seeing annual salaries as high as $105,000 and as low as $17,000, the majority of Professional DJ salaries currently range between $39,000 (25th percentile) to $62,000 (75th percentile) with top earners (90th percentile) making $83,500 annually across the United States.

Is it hard to get a job at SiriusXM? People have reported that the interview at SiriusXM is medium. The interview process takes about a day or two. People have rated the overall interview experience as favorable.

Dividend Summary

The next Sirius XM Holdings Inc dividend is expected to go ex in 2 months and to be paid in 3 months. The previous Sirius XM Holdings Inc dividend was 2.42c and it went ex 17 days ago and it was paid yesterday. There are typically 4 dividends per year (excluding specials).

There are no future dividends presently declared for SIRI as of Feb 27th, 2023. The declaration and payment of dividends are at the discretion of the Company.

SiriusXM competitors include SoundCloud, Amazon, Spotify, Apple and iHeartMedia. SiriusXM ranks 4th in Gender Score on Comparably vs its competitors.

Since SiriusXM is a satellite radio provider, its target audience is busy working adults.

Warren Buffett, CEO of Berkshire Hathaway

Berkshire Hathaway bought 5.3 million class A shares of Liberty SiriusXM Group , one of the three tracking stocks for John Malone's Liberty Media , raising its stake in the tracker to 20.2 million shares.

Liberty Media Corp

Sirius XM / Parent organization

How long does it take to get a payout from a class action lawsuit? ›

Since class actions are usually brought against large corporations and involve complex legal issues, they can take several years. Although each case is different, a typical class action will take at least 1-3 years.

One of the dangers of joining a class action lawsuit is that you lose the right to file an individual lawsuit if the class action case fails. In addition, you cannot reject a settlement offer to which the class representatives have agreed.

A personal injury settlement check should be cashed right away, so a plaintiff can receive their damages and start using them.

If you do nothing, you will not receive any money. You will still be deemed part of the Class Action, and you will be releasing all claims you may have related to the allegations in the case.

Class action lawsuit settlements are not divided evenly. Some plaintiffs will be awarded a larger percent while others receive smaller settlements. There are legitimate reasons for class members receiving smaller payouts.

Some of the common disadvantages of class action lawsuits include: Lack of decision making control. Class action lawsuits are, by definition, representative rather than group litigation. That means that representatives of the affected class make the important litigation decisions – including when to settle.

The result may be that someone brings a class action lawsuit. But if you've suffered a significant financial loss, you should be wary of participating in a class action. You'll almost always be far better off if you “opt out” of the class and pursue your own individual case.

The general rule regarding taxability of amounts received from settlement of lawsuits and other legal remedies is Internal Revenue Code (IRC) Section 61. This section states all income is taxable from whatever source derived, unless exempted by another section of the code.

Number 1: The 1998 Tobacco Master Settlement Agreement

There is no doubt about the biggest-ever class action settlement. The 1998 Tobacco Master Settlement Agreement is also the biggest civil litigation settlement in US history.

Is Sirius a good stock? ›

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents. Sirius XM Holdings Inc has a Quality Score of 92, which is Very Strong.

With profit expected to grow by 44% over the next couple of years, the future seems bright for Sirius XM Holdings. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

In the year-ago period, it had added 616,000 self-pay customers and lost 828,000 paid promotional users. The total gain of 138,000 subscribers in the latest period compared with a loss of 212,000 in the year-ago period.

A: No. If you have an existing SiriusXM account you have to pay $5/month for internet streaming.

Full Sirius XM Subscription for Just $1 | SiriusXM Coupons

Pay only $1 for your first 3 months and get a FULL subscription to Sirius XM. After that pay only $10.99 for 425+ channels, Ad-free music, and much more.

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Fees and taxes apply.

What are SDARS royalties? SDARS royalties are generated when your songs spin on SiriusXM's satellite radio stream. They pay between $47 and $49 per spin.

SiriusXM is always willing to negotiate a better deal to keep you on their service. The deals can be as good as half off the list price for an All Access subscription. The only way to get those deals is to call and cancel, though.

What if I want SiriusXM in more than one vehicle? There are lots of ways to get SiriusXM in another vehicle. You can even add that radio to your existing account, which may qualify you for our Family Discount. If your other vehicle doesn't already have a SiriusXM radio installed, you can purchase another radio.

Can 2 cars share SiriusXM? ›

Your other vehicle may already be equipped with satellite radio--in which case you just need to turn it on. You can even add that radio to your existing account (and receive a multi-subscription discount!).

In the US, those are split 50/50, which means that a songwriter that doesn't have a publisher will only earn 50% of potential royalties. When the songwriter signs with a publisher, they are able to unlock the other 50%, but they generally have to transfer a part of their publisher's share to their publisher.

Radio airplay is considered a public performance. Public performances generate performance royalties for songwriters, which are collected by the PROs (ASCAP, BMI, or SESAC). In the US, terrestrial broadcasters (AM or FM stations) do not pay performers or sound recording copyright owners; they only pay the songwriters.

Under the traditional recording agreement, recording artist royalties usually range from 10% to 25% of the suggested retail price for top-line albums (although many record companies have begun to compute royalties on the wholesale price).

The technology of the radios and the costs of the satellites drive up the prices we pay for the subscriptions and the radio costs. Getting commercial free radio means that sirius radio can not make any ad revenue to offset some of the cos so all the costs are put onto the subscriber.

How much is a SiriusXM subscription? SiriusXM basic plan for your car costs $5 per month for 140 channels for first 6 months. After that, it increases to $15.99/month.