At Friday's Digital Media Conference, XM Satellite Radio President and CEO Hugh Panero showed no hesitation when discussing the battle between XM and the RIAA.
"As long as there are entrepreneurs trying to find new ways to make consumers happy, there have been people... who try to stifle change," said Panero. "This is just a normal cycle that occurs following an attack of paranoia."
Panero added that XM is currently negotiating with the RIAA to resolve industry concerns. "While I can't comment on the specifics, we've put very meaningful deals on the table. Our goal is to find a business solution to what's become a business issue."
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