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Posts Tagged ‘satellite’

Sirius XM agrees to $530 million Liberty Media stake

Tuesday, February 17th, 2009

Troubled satellite radio company Sirius XM announced Tuesday, following reports, that it will accept an investment from cable giant Liberty Media. [MORE]

Source: cnet

Surprise, Surprise… Sirius XM Already Talking Bankruptcy

Wednesday, February 11th, 2009

The Sirius and XM satellite radio companies may have succeeded in merging, but their combined company could declare bankruptcy within the year. [MORE]

Source: Wired

Sirius XM Plans Rate Increase As Stock Continues to Decrease

Thursday, January 22nd, 2009

With its shares of stock worth little more than a dime, Sirius XM will reportedly impose a rate increase on March 11th. [MORE]

Source: Rolling Stone

Satellite Radio Still Reaches for the Payday

Saturday, December 27th, 2008

Deep debt, including Howard Stern’s $500 million contract, is causing Sirius XM Radio big worries despite growing revenue and subscriptions. [MORE]

Source: The New York Times

Satellite Radio Listeners Rankled By XM-Sirius Merger

Friday, November 21st, 2008

Now that the Sirius-XM satellite radio merger has gone into effect, the programming has merged as well. And many longtime listeners are not pleased, crying foul over dropped shows and channels that some say they didn’t know were going to to be changed. [MORE]

Source: Rolling Stone

Sirius gets serious, reshuffles lineup, cuts DJs

Wednesday, November 12th, 2008

As a Sirius Satellite Radio subscriber, I received an e-mail on Wednesday “Announcing The New Sirius Channel Lineup” that confirmed my worst fears about the Sirius-XM merger. [MORE]

Source: CNET

Digital radio ‘without frontiers’

Monday, October 20th, 2008

A new form of digital broadcasting, David Reid discovered, has the potential to re-draw the global radio map. [MORE]

Source: BBC News

Pioneer’s XMp3 Is the TiVo of Satellite Radio

Wednesday, October 15th, 2008

Pioneer’s XMp3, which begins shipping today, not only plays satellite radio; it also records up to five stations at once. The player also has a 30-minute buffer to rewind and fast forward through live shows. It’s essentially a TiVo for satellite radio. [MORE]

Source: Wired

Sirius XM chief: Yes, we will be profitable

Tuesday, October 14th, 2008

In his keynote interview Tuesday at the Media & Money Conference, a joint production of Dow Jones and Nielsen, Karmazin wasn’t in humility mode. “We’re probably one of the top 25 media companies today,” he said of the newly merged Sirius XM, which brought together the world’s only two satellite radio companies. “I think it’s very clear that we will be the most successful company in the audio entertainment industry. I know certainly, as ranked by revenue, we’ll be there soon. Now we just need to grow our free cash flow and demonstrate that.” [MORE]

Source: CNET

New bill calls for HD-compatible satellite radio

Tuesday, September 30th, 2008

Legislators over the weekend introduced new legislation requiring satellite radio receivers to pick up digital signals, even though federal regulators are still seeking public comment on the issue. [MORE]

Source: CNET