For Sirius XM 54% May Be The New 50%

By Spencer Osborne: The drama surrounding Sirius XM Satellite Radio (NASDAQ:SIRI) has existed for years. From competition for content, auto partnerships, and the merger, to a near bankruptcy experience and bailout. If you have been invested in Sirius XM, you likely have several stories to tell.

By Spencer Osborne: The biggest drama in new York City is not on Broadway but instead on the Avenue of the America's, where Sirius XM (NASDAQ:SIRI) houses its corporate offices. The battle lines between Sirius XM and Liberty Media (NASDAQ:

By Spencer Osborne: With headlines circulating today that it will be Liberty Media (NASDAQ:LMCA) that sees a premium in the battle for control of Sirius XM (NASDAQ:SIRI), and not the satellite radio provider, I felt it was time once again to address the issue.

By Spencer Osborne: In an issue that has been brewing for about a month, the FCC has answered the Liberty Media (LMCA) filing regarding its request for de facto control of the satellite radio broadcasting licenses of Sirius XM (SIRI). While the answer from the FCC may seem curt, straightforward and to the point, the devil is in the details.

By Spencer Osborne: September 14, 2011 is a very important date for investors in Sirius XM Satellite Radio (NASDAQ:SIRI) and Liberty Media (NASDAQ:LCAPA). It happens to be the date on which a hearing will be held that determines whether Liberty can conduct a split-off of certain pieces of their portfolio into a new tracking stock.

By Spencer Osborne: If you are a retail investor holding stock in a company with substantial institutional ownership it can be a great thing. Sirius XM (SIRI) has been known as a retail investor's stock for years, mostly related to a low share price, but that dynamic is shifting to institutions

By Spencer Osborne: Liberty Media (NASDAQ:LMCA) is continuing their path toward control of Sirius XM Satellite Radio (NASDAQ:SIRI) with the purchase of an additional 60,350,000 shares of SIRI at a price of just under $2.13.

By Spencer Osborne: Sirius XM (NASDAQ:SIRI) investors have been waiting for March 6, 2012 to arrive for almost three years. That date represents the point in time when Liberty Media (NASDAQ:LMCA) is free of all restrictions regarding their stake in Sirius XM.