Agreements, Monthly Metrics, and Golf Event Coverage by Broadcasting Industry - Analyst Notes on Pandora, SIRIUS XM, Nexstar, Liberty Interactive and Sinclair

NEW YORK, June 12, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Pandora Media, Inc. (NYSE: P), SIRIUS XM Radio Inc. (NASDAQ: SIRI), Nexstar Broadcasting Group Inc. (NASDAQ: NXST), Liberty Interactive Corporation (NASDAQ: LVNTA) and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3656-100free.

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Pandora Media, Inc. Analyst Notes
On June 4, 2014, Pandora Media, Inc. (Pandora) announced its audience metrics for May 2014. Pandora reported that listener hours for the month of May 2014 were 1.73 billion, which is an increase of 28% YoY. Pandora also reported that share of total US radio listening in May 2014 was 9.13%, an increase from 7.29% in May 2013, while active listeners were 77.0 million at the end of May 2014, 9% YoY increase. The full analyst notes on Pandora are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/P/report.pdf

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SIRIUS XM Radio Inc. Analyst Notes
On June 5, 2014, SIRIUS XM Radio Inc. (SiriusXM) announced that it will offer live coverage of the 114th US Open Golf Championship to its worldwide listeners with live play-by-play all four days of the tournament from June 12, 2014 to June 15, 2014, as well as live talk programming throughout the week on SiriusXM PGA TOUR Radio. SiriusXM stated that live tournament play-by-play, provided by ESPN Radio, will air on XM channel 93, Sirius channel 208 and SiriusXM channel 85 on June 12, 2014 and June 13, 2014 from 10:00 am to 5:00 p.m. ET, and on June 14, 2014 and June 15, 2014 from 2:00 p.m. to 8:00 p.m./conclusion ET. SiriusXM mentioned that subscribers can access the live broadcasts on satellite radios, through the SiriusXM Internet Radio App and company website. The full analyst notes on SIRIUS XM are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/SIRI/report.pdf

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Nexstar Broadcasting Group Inc. Analyst Notes
On June 6, 2014, Nexstar Broadcasting Group Inc. (Nexstar) announced that it entered into definitive agreements with Marshall Broadcasting Group, Inc. (MBG) for the sale of three network affiliated stations (the stations) in three markets for $58.5 million. According to the Company, MBG intends to fund the station acquisitions through borrowings which Nexstar has agreed to guarantee. Chairman, President and CEO Perry A. Sook stated, "We believe the proposed transaction announced today presents an ideal framework for introducing and incubating a new, minority-controlled entrant to broadcasting, and for bringing additional news, information and specialized programming to MBG's markets at the earliest possible opportunity." The full analyst notes on Nexstar are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/NXST/report.pdf

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Liberty Interactive Corporation Analyst Notes
On June 9, 2014, Liberty Interactive Corporation's (Liberty) subsidiary, Liberty Interactive LLC (Liberty Interactive), has announced that an adjustment has been made to the reference shares underlying its 0.75% Senior Exchangeable Debentures due 2043 (the Debentures). According to the Company, previously, the Debentures were exchangeable only into shares of Time Warner Cable, Inc. (TWC) and Time Warner, Inc. (TWX). Liberty Interactive stated that as a result of the spin-off of Time, Inc. (TIME) from TWX, and pursuant to the terms of the indenture covering the Debentures, the TIME shares have become additional reference shares underlying the Debentures effective as of the payment date for the Spin-Off, which was 11:59 p.m., New York City time, on June 6, 2014. The Company stated that reference shares per $1,000 principal amount Debenture are as follows: TWC with 6.3040, TWX with 5.1635, and TIME with 0.6454. The full analyst notes on Liberty Interactive are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/LVNTA/report.pdf

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Sinclair Broadcast Group Inc. Analyst Notes
On June 5, 2014, Sinclair Broadcast Group Inc. (Sinclair) announced that its shareholders re-elected its seven Directors at the Company's Annual Shareholders' meeting. According to Sinclair, the re-elected Directors are: Chairman of the Board, President and CEO David D. Smith; Vice President Frederick G. Smith; Vice President and Secretary J. Duncan Smith; Director Robert E. Smith; Director Lawrence E. McCanna; Director Daniel C. Keith; and Director Martin R. Leader. According to Sinclair, the shareholders also ratified the appointment of PricewaterhouseCoopers, LLP as its independent registered public accounting firm for the fiscal year, ending December 31, 2014. The Company also stated that the shareholders also approved a non-binding vote on the executive compensation. The full analyst notes on Sinclair are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/SBGI/report.pdf

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