At the UBS and Credit Suisse media meetings in New York this week, with only two players in the fledgling satellite radio market, merger speculation follows rivals XM and Sirius. XM Satellite Radio Chairman Gary Parsons said that he considers the satellite radio market to still be new enough that two major players can coexist [...]

Satellite radio operators XM and Sirius face a 20 percent decline in fourth-quarter retail sales that is likely to put pressure on their respective stock prices, according to a Bank of America investment note. On Monday, their stocks started declined in reaction to the note, shedding most of the gains notched in November following third-quarter [...]

Podcasting‚Äôs hillbilly savant Wichita Rutherford, host of the 5 Minutes With Wichita podcast, has announced that he’s been signed to create his own TV show. Rutherford signed a deal last week with Blue Highways TV. According to Rutherford, he’s the first podcaster to get his own television show. ‚ÄúI‚Äôm so happy I can‚Äôt hardly stand [...]

Advertising Age reports that, eight months into his reign at Sirius Satellite Radio, the Stern’s advertising rates are a fraction of what they were on terrestrial radio. “Spots are going for $5,000 to $6,000, with live reads, the term for on-air talent pitching the product, maxing out at $10,000,” notes Advertising Age. “When Howard Sterns [...]

It looks like Sirius may be realizing that it has some serious problems with the viability of satellite radio. The company’s latest strategy features a new device, the Sirius Stiletto Live portable Receiver SL100PK1, that can receive audio via WiFi. That’s right – the latest device from Sirius works over the Internet using WiFi, expanding [...]

Losses are growing at the two leaders in satellite radio, XM and Sirius. Sirius lost $237.8 million for the period compared with a loss of $177.6 million during second quarter of 2005. XM Satellite Radio on July 27 reported a second-quarter loss of $231.7 million, up from losses of $148.8 million a year ago. One [...]