SiriusXM Inks Deal With Maserati

10-20 siri1SiriusXM announced today that buyers of Maserati cars will be able to receive 3 months of SiriusXM Satellite Radio included in the purchase of the car.  Buyers of  the Quattroporte or Ghibli vehicles will get advanced services which includes 4 years of traffic conditions, weather, fuel, scores, and movie listings.

SiriusXM has been available in Maserati vehicles for quite some time, but there have also been issues in the past.  This year there was a class action lawsuit surrounding defective antennas in model year 2014 vehicles.  Maserati is expected to sell about 13,000 vehicles this year.

This deal does represent continued progress on the OEM front with regard to satellite radio penetration, but is not a game changer by any stretch of the imagination given that Maserati simply does not sell that many cars in the United States.

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SiriusXM To Report Q3 Results

File under….Thank God…. SiriusXM will announce its Q3 results on October 28, 2014 at 8:00 AM.  This news is welcomed because SiriusXM has been drifting downward for a couple of weeks now and perhaps the good quarter that the company will soon announce can be enough to apply the brakes on this slide.  SiriusXM already… → Read More

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Liberty Media Would Love To Own SiriusXM But Wont Chase It

This week the subject of Liberty Media buying out SiriusXM raised itself again when Greg Maffei stated, “Sirius holders wish they took the deal”, referring to a proposed deal at the beginning of 2014 that had Liberty effectively paying about $3.86 per share to get the half of the company it does not own.  Since… → Read More

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September Auto Sales Deliver 1.24 Million Vehicles

Auto sales in September came in at 1.24 million units.  This was up 9% from last year, but well below what we saw in August, which delivered 1.58 million in sales and a SAAR of 17.5 million.  The SAAR for September was 16.4 million.  Charts of the auto sales figures are available to SiriusBuzz Premium… → Read More

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SiriusXM To Appeal Turtles Lawsuit As Turtles Set Sights On Pandora

Fresh off of a legal victory in a lawsuit against SiriusXM, the Turtles are setting their sights on Pandora with the exact same claim.  Meanwhile SiriusXM has vowed to appeal the lawsuit.  SiriusXM’s CFO David Frear stated at an investor conference that the company would appeal, but the argument is not that artists should not… → Read More

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Court Decision Stings SiriusXM

A Federal judge has ruled in favor of the Turtles in a lawsuit about royalties that may mean that the Turtles and Sirius XM are not “Happy Together”.  In addition, the ruling may pave the way for royalty payments to many other artists who’s songs predate 1972.  The copyright laws in the United States deal… → Read More

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SiriusXM To Present At Conference

SiriusXM’s Jim Meyer, its Chief Executive Officer, is expected to speak at the Bank of America Merrill Lynch 2014 Media, Communications & Entertainment Conference on Tuesday, September 16, at approximately 7:00 pm ET.  The timing of this bodes well for the company, as it will be a very public place to speak to increased subscriber… → Read More

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SiriusXM raises Subscriber Guidance

Last week, when auto sales were announced, I speculated that we might see the company raise subscriber guidance during the Q3 conference call.  As it turns out, SiriusXM did not want to wait.  The company has announced that it anticipates adding 1.45 million subscribers this year.  The new guidance is up from the previous level… → Read More

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SiriusXM and TechCrunch Launch Limited Run Show

TechCrunch and SiriusXM have announced  the launch of  “TechCrunch Radio,” a limited-run series premiering at Disrupt San Francisco 2014, one of the most anticipated tech conferences of the year. TechCrunch’s East Coast Editor, John Biggs, and writer and reporter, Jordan Crook, will host the premier episode of “TechCrunch Radio” live from Start-Up Alley at 2014 Disrupt.  Biggs… → Read More

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August Auto Sales Hit New High

Auto sales in August 2014 came in at 1, 581,341 units, which is the highest sales level we have seen this year.  The SAAR for August was a very impressive 17.5 million, again, the highest level we have seen in many years.  August 2014 sales were 5.5% better than the same month a year ago…. → Read More