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SiriusXM Says There’s ‘Nothing Misleading’ About Royalty Fee That Sparked Class Action Lawsuit
SiriusXM wants to end a lawsuit claiming it earns billions with a deceptive “royalty fee” on subscribers, saying it has done "nothing misleading."
SiriusXM wants a federal judge to dismiss a class action claiming the company earns billions by foisting a deceptive “royalty fee” on subscribers, arguing there’s “nothing misleading” about its pricing. Plaintiffs were told what they had to pay if they wanted their music plans, and they received what they paid for—as contemplated by every statement exchanged between Sirius XM and its customers.” The case, filed in June by four aggrieved SiriusXM customers who say they want to represent millions of other subscribers, claims that the Royalty Fee amounts to 21.4% of the original price – netting the company a whopping $1.36 billion in 2023 alone.
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