The May auto sales numbers are now in the books. The negative headlines told the story for the auto sector, but the news for Sirius XM differs in that the month of May delivered over 1 million cars sold, which is a key number for Sirius XM. It… → Read More
May Auto Sales Impact The Market and Sirius XM
The news began to roll in as the morning progressed. May 2011 is shaping up to be the worst month in auto sales so far in 2011. The market reacted instantly, and Sirius XM (NASDAQ:SIRI), with a heavy reliance on auto sales for subscribers, felt some of the… → Read More
Pandora’s Latest SEC Filing Offers More Insight Into Internet Radio Business
For fans and investors of Sirius XM (NASDAQ:SIRI) Pandora can sometimes be a taboo word. While the Internet radio provider is acknowledged as competition by Sirius XM’s own management, some readers would rather ignore the music service than find any way to compliment it. I have a better… → Read More
Pioneer Launches AppRadio – Aftermarket Solution To Smartphone Integration
It was only a matter of time before aftermarket car stereo companies began offering stereos capable of integration with smartphones. Pioneer is stepping up to the plate with AppRadio, a new aftermarket car stereo designed to capitalize on the increased functionality that smartphones allow. The AppRadio, set to… → Read More
May Auto Sales Anticipated to Top 1 Million
May auto sales are anticipated to be above the 1 million mark. That is the good news. The bad news is that the Seasonally Adjusted Annualized Rate (SAAR) for May is expected to fall to 12.2 million according to Edmunds, and that means the SAAR rate is down… → Read More
Sirius XM Class Action Lawsuit Website Launched
As we reported here last week the Blessing vs. Sirius XM class action suit had the Proposed Settlement receive preliminary approval. It is this suit which has had Sirius XM to agree to freeze prices until at least January of 2012. As part of the proposed settlement a… → Read More
A Deeper Look At Sirius XM’s Request For Summary Judgement
This morning I attended the Sirius XM annual shareholder meeting. During the meeting Mel Karmazin announced that Sirius XM would be filing a Motion for Summary Judgement on the Howard Stern lawsuit. The court records, submitted later that day, show that there were many filings including the motion… → Read More
A Deeper Look At The Samsung Deal
Sirius XM announced today at the annual shareholder meeting that they had cut a deal with Samsung to have the Sirius XM app on their televisions beginning this Fall. The news has several compelling elements that investors may not yet appreciate. This is the first time that Sirius… → Read More
Sirius XM to File for Summary Judgement on Howard Stern Matter Today
Sirius XM’s Mel Karmazin announced that they would be filing a Motion For Summary Judgement in the Howard Stern lawsuit later today. While such filings are common, judges rarely dismiss a case at this stage. Karmazin stated that the company feels strongly about their position and the motion… → Read More
Samsung to Incorporate Sirius XM App Into Televisions
Sirius XM’s Mel Karmazin announced today that beginning this fall a Sirius XM app would be included on Samsung televisions. Televisions have become more and more advanced each year, and many new models enable Internet connectivity. Being connected to the Internet allows consumers to get far more use… → Read More
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