Media — paidContent

Karmazin Sees More Savings From XM/Sirius Combo; Heavy Debt Bill Coming Next Year

By David Kaplan Sep. 10, 2008, 1:33am Comments Off

After waiting a long 18 months for former rivals Sirius (NSDQ: SIRI) and XM (NSDQ: XMSR) to come together, it’s natural for CEO Mel Karmazin… Read More »

Sirius And XM Now Sirius XM Radio Inc.; New Share Offering Priced

By Joseph Weisenthal Jul. 29, 2008, 4:53pm 8 Comments

Now comes the really hard part… XM (NSDQ: XMSR) and Sirius (NSDQ: SIRI) have just announced the completion of the merger. The new company,… Read More »

FCC Approves XM-Sirius Merger; 3-2 Vote

By Rafat Ali Jul. 26, 2008, 6:21am 2 Comments

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 Ra… Read More »

Update: XM And Sirius Resolving Final Issues; Martin Says Agreement Reached

By Joseph Weisenthal Jul. 24, 2008, 6:01pm Comments Off

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… Read More »

Updated: Agreement Reached To Approve XM-Sirius: Reports

By Joseph Weisenthal Jul. 23, 2008, 9:16pm Comments Off

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 ble… Read More »

XM-Sirius Voting: 2 Yeas, 1 Nay, 2 Undecided

By Joseph Weisenthal Jul. 22, 2008, 11:13pm 1 Comment

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 a… Read More »

Earnings: XM Q2 Revs Up 15 Percent; Net Loss Narrows On Lower SAC

By Joseph Weisenthal Jul. 22, 2008, 4:02pm Comments Off

Still awaiting regulatory approval for its merger with Sirius (NSDQ: SIRI), XM (NSDQ: XMSR) announced Q2 revenue of $318 million, a 15 perce… Read More »

FCC Chief To Recommend Clearing XM-Sirius Deal; Conditions Include A La Carte Subscription

By Rafat Ali Jun. 16, 2008, 12:35pm 1 Comment

Everyone has “learned” it at the same time: U.S. Federal Communications Commission chairman Kevin Martin will recommend clearing Sirius Sate… Read More »

XM Settles Suit With EMI on Portable Music Player; Major Labels Out Of The Way

By Rafat Ali Jun. 10, 2008, 9:23pm Comments Off

XM Satellite Radio (NSDQ: XMSR) has settled a lawsuit brought by EMI against the firm over the Pioneer Inno digital media player, which has… Read More »

XM Challenged To Maintain $120 Million In Escrow For MLB Deal

By Joseph Weisenthal May. 28, 2008, 8:01am Comments Off

XM’s (NSDQ: XMSR) multi-year agreement to carry Major League Baseball requires the satellite operator to maintain $120 million in an escrow… Read More »

FCC Could (Finally) Decide On Sirius-XM Merger By End Of June

By David Kaplan May. 24, 2008, 1:20am 2 Comments

After many delays, light at the end of the tunnel finally emerges… The Federal Communications Commission could decide on the merger betwee… Read More »

Earnings: Sirius Q1 Revs Up 33 Percent; Unlike At XM, Loss Narrows

By Joseph Weisenthal May. 13, 2008, 1:04am Comments Off

Following a weak earnings report from its fiancé XM (NSDQ: XMSR), Sirius (NSDQ: SIRI) announced Q1 revs of $270.4 million 33 percent higher… Read More »

Earnings: XM Q1 Revs Up 17 Percent; Losses Expand; Estimates Missed As SAC Increases

Once Again: XM And Sirius Extend Deal Deadline Two More Weeks While Waiting On FCC

DOJ Clears XM-Sirius Merger; Waiting On FCC; ‘Not Likely To Harm Consumers’

Updated: DOJ Clears XM-Sirius; Waiting On FCC; ‘Not Likely To Harm Consumers’; NAB ‘Astonished’

XM And Sirius Extend Merger Agreement Until May 1