Under a 10-year licensing agreement with Sirius, the class is entitled to a royalty rate of up to 3.5 percent. “According to plaintiffs’ expert, the 3.5 percent licensing royalty could generate ...

However, there's a lot of truth to the old mutual fund disclaimer ... for the slow fadeout at Sirius XM. Auto sales, the funnel of new accounts for the satellite radio, have been sluggish.