For its last quarter as a standalone entity, satellite radio operator Sirius (NSDQ: SIRI) grew revenue 25 percent to $283 million, with subs increasing to 8.9 million, 25 percent more than a year ago. Adjusted net losses narrowed to $23.8 million from $79.3 million. SAC per gross fell 27 percent…

Now comes the really hard part… XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI) have just announced the completion of the merger. The new company, SIRIUS XM Radio Inc. will now trade under Sirius’ old ticker (“SIRI”) starting today. Now that the two rivals can stop competing with each other, XM…

The 16 month merger drama has ended: the FCC has approved Sirius Satellite Radio’s (NSDQ: SIRI) $3.6 billion buyout of rival XM Satellite Radio (NSDQ: XMSR), which means that there will only be one sat radio operator in the country now, with 18 million-plus subscribers. The vote was 3-2 in…

The conclusion of the XM-Sirius (NSDQ: SIRI) saga is playing out like the final 2 minutes of a close basketball game. All signs are that the deal will be approved. It was reported yesterday that the swing voter on the FCC, Deborah Taylor Tate, would approve the union, provided XM…

Update 2: Now WSJ is reporting that a tentative deal has been reached to approve the merger. According to the report, Tate will give her blessing to the union upon the implementation of certain enforcement actions and a $20 million fine combined between the two companies (note: that $20 million…

There have been so many false finishes to the interminable XM-Sirius (NSDQ: SIRI) approval process, that it’s probably best to hold off on all reporting until there’s a decisive vote. Still, here’s where things stand right now. Michael Copps, a well-known critic of media consolidation, voted against approval last night,…

Everyone has “learned” it at the same time: U.S. Federal Communications Commission chairman Kevin Martin will recommend clearing Sirius Satellite Radio’s (NSDQ: SIRI) proposed purchase of rival XM Satellite Radio (NSDQ: XMSR), and will remove the last big hurdle for the $5 billion deal, with a vote in as little…

After many delays, light at the end of the tunnel finally emerges… The Federal Communications Commission could decide on the merger between Sirius Satellite Radio (NSDQ: SIRI) with rival XM Satellite Radio by the end of June, Bloomberg reported. Still, the FCC has no plans to address the matter at…

Following a weak earnings report from its fiancé XM (NSDQ: XMSR), Sirius (NSDQ: SIRI) announced Q1 revs of $270.4 million 33 percent higher than $204 million in the year-ago quarter. Note that XM’s growth rate was only 17 percent. And instead of reporting a growing loss, Sirius slimmed its loss…

How naive I was: Back in February I wrote that by extending the deadline for their merger agreement to May 1, XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI) should be giving themselves enough time to get FCC approval. Nope. May 1 is tomorrow and there’s still no word from the…

The merger of satellite radio operators Sirius (NSDQ: SIRI) and XM (NSDQ: XMSR) has been cleared by the DOJ. This is a significant hurdle, though FCC approval is still required for the deal to close. That could come soon, if increasingly loud chatter is to be believed. And FCC Chairman…

This should be long enough: XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI) have extended their merger agreement to May 1, as the clock continues to tick on regulatory approval. Both companies have said they expect approval in the near future, but the agreement had been set to expire tomorrow, so…

As it concludes week 53 of waiting for Department of Justice approval of its merger with rival satellite radio provider Sirius (NSDQ: SIRI), XM Satellite Radio (NSDQ: XMSR) said its Q4 net loss narrowed by $18 million over the prior year to $239 million compared to last year’s $257 million.…

With the clock still ticking on the regulatory front, satellite radio operator Sirius (NSDQ: SIRI) has reported Q4 revenue of $249.8 million, a 29.2 percent increase from $193.4 million in the year-ago period. Net loss narrowed to $166.2 million ($.11 per share) from $245.6 million ($.17 per share). The company…

Not that this part was ever in doubt, but shareholders of Sirius (NSDQ: SIRI) Satellite Radio have approved the company’s pending merger with XM. According to the company, more than 96 percent of voted shares were cast in favor of the merger. While this was seen as a foregone conclusion,…

The FCC has requested more information from XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI) pertaining to the companies’ proposed merger. As the WSJ reports, the agency specifically wants to know about duplicate programming that could be eliminated as well as the interoperability of the companies’ technology. The market is taking…

As it waits for a resolution to its pending merger with rival XM, (NSDQ: XMSR) Sirius Satellite Radio is the one turning in stronger results. Revenue in Q3 grew 45 percent to $241.8 million from last year’s $167.1 million, fueled by a 50 percent increase in total subscribers. Net adds…