One month after Sirius XM signed Howard Stern to a new, and likely lucrative contract, the subscription satellite radio service is looking to raise its rates. But first, it needs the green light from the Federal Communications Commission, which could choose to extend a three-year rate cap that was a condition of Sirius’ July 2008 merger with XM.
As part of the condition, the FCC reserved the right to examine whether to modify, remove or extend the caps six months before the end of the period that ends July 28.
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