Posts Tagged ‘ Sirius ’

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 [...]



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 [...]



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 [...]



Sirius Tops 6,000,000 Subscribers; Misses Goals For Year

Jan 4th, 2007 | By James Lewin | Category: General

Sirius Satellite Radio today announced that it ended 2006 with approximately 6,024,000 subscribers, an 82% increase over the company’s 2005 ending subscriber base, but short of its goals for the year.
Based on preliminary financial data, Sirius also achieved its first ever quarter of positive free cash flow in the fourth quarter of 2006.
Both Sirius and [...]



Sirius Open to Merger Idea; XM Says “No Way”

Dec 7th, 2006 | By Elisabeth Lewin | Category: General

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 [...]



Can Satellite Radio Survive Podcast Onslaught?

Nov 28th, 2006 | By James Lewin | Category: Audio Podcasting, Digital Music, General, Podcasting Research, Podcasting Statistics

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 earnings [...]



Pioneering Podcaster Gets TV Show; Still Precious

Oct 30th, 2006 | By James Lewin | Category: Audio Podcasting, Making Money with Podcasts, Video

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.
“I’m so happy I can’t hardly stand it!” says [...]



Is It Time For Howard Stern To Podcast?

Sep 26th, 2006 | By James Lewin | Category: Audio Podcasting, Making Money with Podcasts

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 [...]