Sirius Inks Deal With Labels For Recordable Receiver
March 20, 2006
Sirius has announced it has reached a deal with Universal Music Group and Warner Music to allow songs from those labels' artists to be played on a new receiver that can record and store songs for later playback. Sirius will pay the labels a fee for every S50 receiver that is sold. Other details of the agreements were not revealed at this time.
The S50 receiver can not only record and time shift broadcasts from the satcaster, but splice up the individual songs for playback on customized playlists. It is also the first wearable receiver available from Sirius. The S50 was announced last summer. According to the Wall Street Journal, EMI and Sony BMG are currently negotiating their own deals with Sirius over the S50.
In other news, the satcaster has announced that it has crossed the four million mark in total subscribers nationwide.