In a ruling last week Pandora was ordered to pay ASCAP, a performance rights organization, 1.85% of its annual revenue. Pandora had hopes of a rate of 1.7% but, with ASCAP looking for a whopping 3.0%, the final agreed upon rate, which was at the top of their range, is being called a win. Sony… → Read More
Starting March 18th all the way through to the national championship game in Dallas on April 5th and 7th, ALL men’s basketball tournament games can be heard on SiriusXM. You’ll be able to track down all of your favorite teams and their channels match ups on the SiriusXM college sports page starting Monday, March 17th…. → Read More
Liberty Media did not wait for Evercore to assess any further. The media giant withdrew its offer to bring SiriusXM under its umbrella and instead is going to create two tracking stocks. The first tracking stock will be known as Liberty Liberty Media while the other will be called Liberty Broadband. Investors in the Current… → Read More
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SiriusXM’s exclusive 24/7 soccer channel, SiriusXM FC, will offer live nationwide radio coverage of the 2014 Major League Soccer season, featuring a live “MLS Game of the Week” broadcast throughout the regular season plus coverage of the MLS Cup Playoffs. SiriusXM has been an audio destination for U.S. soccer fans for years, and the announcement… → Read More
So far 2014 has not been too impressive when it comes to growth in the auto sector. In fact, we are just two months into the year and thus far both have come up short when it comes to auto sales vs. the respective months in 2013. Yes, it has been a tough winter. Yes,… → Read More
As most investors know, Liberty Media recently held its quarterly call. As would be expected, there were portions of the call that relate to SiriusXM and the proposed deal. Below are the pertinent parts of the transcript. Investors should know that this type of deal has a very narrow window where it makes sense for… → Read More
In his third season of Comedians In Cars Getting Coffee, Jerry Seinfeld finally takes a ride with Howard Stern where the two talk about their Daddy issues, bathroom habits, the cost of groceries, and what makes them tic. If you haven’t heard about Seinfeld’s new series, it’s exactly what it sounds like — a couple… → Read More
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Sep 16th (3:39 am)
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Sep 15th (5:14 pm)
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Sep 11th (2:14 am)
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Sep 10th (7:00 pm)
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Sep 4th (9:30 pm)
As SiriusXM tumbles down, there are many investors that are frustrated. Not a day goes by that I do not receive communications from investors regarding the company and the proposed transaction with Liberty Media. To my surprise, most of those that contact me really do not understand this deal. These investors are hung up on… → Read More
Analyst Matthew Harrigan has downgraded SiriusXM from a buy with a $4.20 price target to a hold with a $3.80 price target. The firm had applied a higher price target to the company if a deal with Liberty media can be struck, but feels that a deal is becoming less likely and therefore the equity… → Read More
It could be the weather, it could be the economy, or it could be that pent up demand is easing. No matter how you slice it, auto sales started off 2014 in a modest fashion. January is usually a light month, but not many might have expected to see a year over year decline in… → Read More