SiriusXM has announced that its Board of Directors has approved an additional $2 billion common stock repurchase program. In total, the share buy-back program now carries an overall value of $6 billion. The announcement did not state whether Liberty Media, the majority holder of SiriusXM share would participate in the program, but did list it as… → Read More
If you thought that Liberty Media’s interest in SiriusXM and Live Nation would bring about some synergistic qualities you may well be wrong — at least at this stage. In a deal announced Friday, Live Nation is broadcasting an impressive 365 concerts on it Yahoo! channel on Yahoo Screen. The concept is simple. Live Nation… → Read More
SiriusXM announced today that Jenny McCarthy will host a live, limited-run, one-hour weekly series exclusively on SiriusXM starting on Wednesday, July 16 on SiriusXM Stars. The satellite radio provider is ramping up the talk content pressure by adding compelling content that differentiates itself from other services. In her new series, Dirty, Sexy, Funny with Jenny McCarthy, McCarthy… → Read More
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Today marks the first day that the Opie and Anthony Show has aired a live show since the firing of Anthony Cumia. This weekend I noticed that the channel art on my iPod registered the channel as “SiriusXM TALK” instead of the Opie and Anthony Channel. That switch has not made it to the SiriusXM… → Read More
June 2014 auto sales are in and the numbers remain quite positive for satellite radio. Sales this June were 1% better than a year ago and the overall pace for 2014 is still above 16 million units. With satellite radio being installed in nearly 70% of new cars, the potential to still see a little… → Read More
SiriusXM will announce Q2 2014 financial results on Tuesday, July 29, 2014 at 8:00 AM. The company typically releases financials shorty before the call, and the pre-market call is standard. Analysts are expecting the company to announce a profit of 2 cents a share on revenue of about $1 Billion. In 2014, the company has… → Read More
With the firing of Anthony Cumia from the Opie and Anthony Show, SiriusXM has started down a very dangerous path that could ultimately help other audio entertainment mediums gain traction from ex-SiriusXM subscribers. In the early days of satellite, the concept was novel and engaging. It was the little guy (satellite radio) against the big… → Read More
In 1971 Don McLean released a song that turned out to be an American classic. The Day The Music Died (American Pie) was a tribute to Buddy Holly, but was also a song that made people think of better times, simpler times, and times when the human race was more “real”. When satellite radio first… → Read More
The Opie and Anthony show is now short an Anthony after the on air personality posted a number of polarizing tweets following an alleged attack on Wednesday night. In an official announcement released to the press today SiriusXM stated that, after “careful consideration,” they had terminated their relationship with Anthony Cumia for his “racially-charged and… → Read More
SiriusXM has wasted very little time in firing back on a potential class action lawsuit involving a former intern for the Howard Stern Show. The suit alleges that SiriusXM failed to pay a non-paid intern and according to the plaintiff, Melissa Tierney was born from an alleged injury suffered when getting Stern his fruit salad…. → Read More