It’s been a while since we’ve reported on SiriusXM. The big news for the satellite radio provider is that Liberty Media, owner of Discovery Channel and other media interests, was approved for its majority takeover of Sirius by the FCC at the beginning of the year. Sirius CEO Mel Karmazin is no pal of Liberty […]
Last Thursday, on the eve of the company’s tenth anniversary celebration with Bruce Springsteen, SiriusXM CEO Mel Karmazin appeared for a thirteen minute interview on Jim Cramer’s CNBC investment show Mad Money. There are two big questions on the mind of satellite radio watchers: will John Malone’s Liberty Media buy up more of SiriusXM, and […]
Talk is heating up on Wall Street that satellite radio purveyor SiriusXM might be on the verge of a sale. Most of the talk centers on Liberty Media, headed up by chairman and early player in cable television John Malone, which turns over media properties pretty regularly, and currently owns the QVC shopping network, Starz […]
On Wednesday Sirius XM radio (SIRI) announced that it added 171,441 net subscribers in the first quarter of 2010. While this is certainly better news for the company than a net loss, the gain still doesn’t quite put its subscriber base at the same level it was at the end of 2008. Then the company […]
Sirius XM has just put out a press release acknowledging that it has received a letter from NASDAQ “stating that the Company has not regained compliance with the $1.00 minimum closing bid price requirement for continued listing on The NASDAQ Global Select Market.” The satellite radio company says it will ask for a hearing with […]
Sirius XM satellite radio CEO Mel Karmazin warned the Federal Communications Commission on Thursday that the FCC’s proposed non-interference rules with a nearby wireless band won’t do. “We are extremely disturbed by the proposal,” Karmazin confided in a letter sent to the agency’s Chair, Julius Genachowski. “The proposed rules seem to bear little resemblance to […]
