Posts Tagged ‘ satellite radio ’

Reason To Celebrate? Sirius Posts Smaller Q3 Loss

Oct 30th, 2007 | By Elisabeth Lewin | Category: General

Sirius Satellite Radio Inc. announced a smaller loss in the third quarter (ending at the end of Sept. 2007) as the company added subscribers. It still hopes to gain regulatory approval in order to close its deal to merge with XM Satellite Radio this year.
Sirius lost $120.1 million in the quarter that just ended, compared [...]



Increase in Subscription Numbers + Big Quarterly Loss = XM Progress Report

Oct 27th, 2007 | By Elisabeth Lewin | Category: General

Satellite radio company XM revealed this week that in the third quarter, its losses were up a whopping 70 percent over last year.  Analysts blame the losses on a 22 percent drop in sales at chain retail outlets like Best Buy.
On a more positive note, XM announced an increase in subscribers to their satellite radio [...]



Dell Buys Mobile Media Startup Zing

Aug 7th, 2007 | By James Lewin | Category: Audio Podcasting, Citizen Media, Digital Music, iPods & Portable Media Players

Dell has announced that it has entered into an agreement to buy privately-held ZING Systems, a company that focuses on always-connected audio and entertainment devices. Dell plans to use ZING and its capabilities to continue improving the entertainment experiences it provides its customers.
ZING introduced itself in June of 2006, stating its plans to build “an audio [...]



Does Internet Radio Deserve To Die?

Jun 21st, 2007 | By James Lewin | Category: Audio Podcasting, Commentary, Digital Music, Podcasting Law

Thousands of U.S. commercial webcasters plan to go silent Tuesday, June 26, to draw attention to an impending royalty rate increase that could threaten the viability of stations that broadcast mainstream music.
Earlier in the year, the United States Copyright Royalty Board announced new royalty rates for webcasting traditionally licensed music, to be effective from [...]



XM Experiencing Widespread Outages

May 21st, 2007 | By James Lewin | Category: Digital Music

XM users appear to be experiencing a massive outage. According to reports, one of the XM’s satellites is down, and its repeaters are down due to a “software update.”

An XM Spokesman has provided this statement regarding the issue:
“We are experiencing a temporary degraded performance issue, which has affected some of our customers. We expect to [...]



PodShow Podcasters Lose Satellite Audience

Apr 30th, 2007 | By James Lewin | Category: Audio Podcasting, Making Money with Podcasts, Podcasting Networks

PodShow and Sirius are parting ways. PodShow podcasts will lose their satellite audience as of May 1st, according to reports from affected podcasters.
The split is a setback for PodShow podcasters, which include Soccergirl, Dawn & Drew and Scott Sigler. The split is likely to be little more than a speedbump, though, for podcasting as a [...]



Precious Podcaster Wichita Rutherford Switches To XM

Apr 10th, 2007 | By Elisabeth Lewin | Category: Audio Podcasting

Bluegrass Podcaster and humorist Wichita Rutherford tells us that he and his podcasts have made the jump from the Sirius satellite radio network to soon-to-be-acquired competitor XM. His new weekly program, The Grand Old Time Machine, debuted last Friday, April 6, on XM.
He describes the new show this way:
“The new show, ‘The Grand Old [...]



Music Publishers Sue XM Radio

Mar 26th, 2007 | By James Lewin | Category: General

The National Music Publishers’ Association, which represents music publishers, is suing XM Satellite Radio.¬† Their suit, filed in federal court in New York last Thursday, claims that XM Satellite Radio Holdings Inc. violates copyright laws by providing a service which lets users store and replay music on certain devices.
The music publishers argue that this constitutes [...]



Sirius To Buy XM For $4.6 Billion

Feb 20th, 2007 | By James Lewin | Category: General

Sirius Satellite Radio plans to buy U.S. rival XM Satellite Radio for $4.6 billion in stock, which could allow the combined company to raise prices, reduce costs and become profitable. The move will bring Oprah Winfrey, singer Bob Dylan, Major League Baseball, motivational guru Deepak Chopra and shock-jock Howard Stern under one roof.
Under the plan [...]



XM, Sirius To Merge?

Feb 19th, 2007 | By James Lewin | Category: General

The New York Post is reporting that satellite radio operators Sirius and XM are expected to announce a merger today.
The two sides were locked in negotiations over the weekend trying to hammer out a final agreement with an eye toward going public with the merger today in Washington, D.C., where XM is based, this source [...]