satellite radio

A report has surfaced that Pandora -- the popular music-mix service for computers and mobile devices such as the iPhone -- may have to stop music streaming as royalty fees drain its cash.

In an interview published Saturday by The Washington Post, Pandora founder Tim Westergren said, "We're reaching a pull-the-plug kind of decision. This is like a last stand for Webcasting."

Fees not Equal?

A merger of the nation's only two satellite radio companies moved closer to fruition Thursday after the pair agreed to pay $19.7 million to settle a case alleging violation of federal rules.

Federal Communications Commission Chairman Kevin Martin told The Associated Press the agency had reached an agreement late Wednesday night where XM Satellite Radio Holdings Inc. will pay $17.5 million and Sirius Satellite Radio Inc. will pay $2.2 million to resolve that issue.