Okay satellite radio investors. It is time to pay close attention. While you may think that you have no say in the proposed Liberty Media buyout, that is not the case. The transaction needs the approval of three entities to occur: Approval of Liberty Media shareholders Approval of an independent board at SiriusXM Approval by… → Read More
Internet radio streaming giant Pandora has once again rolled out some impressive monthly numbers that clearly have investors excited. The story this month is much of the same… up, up, and up. Listener hours for December were up 13% to 1.58 billion, total U.S. radio listening jumped from 7.58% to 8.60%, while active listeners were… → Read More
As reported here earlier, Liberty media is proposing a takeover of SiriusXM. This news was anticipated at some point, but perhaps not as early as we are seeing it transpire. The text of the 8k filed by Liberty Media is below: “On January 3, 2014, Liberty Media Corporation (“Liberty”) issued a press release, attached hereto… → Read More
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Bullet Point – Liberty media Proposes to absorb SiriusXM – Shares halted after hours – Details to follow…
Not all the numbers are in yet, but it appears that the November sales number should be between 1,230,000 and 1,235,000. This is a modest improvement over October which was 1,203,000. It is also a year over year improvement (between 7% and 8%) from the 1,144,000 we saw in 2012. Detailed reporting will be available… → Read More
SiriusXM today announced that Sirius FM-6, the newest addition to its satellite fleet, has been successfully placed in orbit and was declared ready for service. The new satellite, which was manufactured by Space Systems/Loral, is intended to help ensure SiriusXM’s array of audio entertainment and data services are received by vehicles, receivers for home and… → Read More
If you’re considering purchasing a new car in 2014 consider this, anyone who purchases a new 2014 model Chrysler equipped with a satellite radio Uconnect system will score a free full year satellite radio subscription which includes ALL premium channels AND access to SiriusXM Internet Radio. What is Uconnect? Uconnect is an in-dash Wi-Fi capable… → Read More
Agero, Inc., the leading provider of vehicle and driver safety, security and information services, today announced it has completed the sale of its connected vehicle services division to SiriusXM Radio (SIRI). The deal can set the stage for SiriusXM to better leverage itself with the OEM channel, and more specifically in the emerging world… → Read More
Art Bell, the radio icon that joined the SiriusXM line-up on September 16th is leaving the air after just a month and a half. While passionate satellite radio fans may not want to hear it, his reasons for leaving boiled down to three main things: SiriusXM’s web player is notoriously unreliable, causing a loss of… → Read More
SiriusXM raised the bar on net subscriber guidance today from 1.5 million to 1.6 million. That would appear to be a great thing. However, if you follow the company closely you would have noticed that SiriusXM, just three quarters into 2013 already has 1,681,730 subscribers. Are they really projecting a net subscriber loss in Q4… → Read More