The FCC International Bureau is seeking comment on Liberty Media’s applications...
The FCC International Bureau is seeking comment on Liberty Media’s applications to gain de jure control of Sirius XM. Petitions to deny the application are due Nov. 1, oppositions Nov. 13, and replies Nov. 20, the bureau said in a…
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public notice (http://xrl.us/bnscdb). Liberty filed its application in August after originally seeking de facto control of Sirius (CD Aug 21 p16). Liberty said it owns the equivalent of 47.3 percent of the total outstanding shares of Sirius stock on an as-converted basis, the bureau said. The company plans to own 48 percent of the shares by Oct. 14, the public notice said. Liberty plans to own more than 50 percent of Sirius’s shares within 60 days of commission consent, the company said in its application (http://xrl.us/bnmje4). The bureau granted Liberty’s request for a waiver of the signature requirement on application forms. The bureau found that “little additional probative value would be added by Sirius’ signature,” it said.