Perhaps the folks at SIRIUS XM Radio may not have wanted this released, but I was able to dig up a video of SIRIUS XM Radio CEO Mel Karmazin speaking about the merger just after it was announced, and what will be happening with the company going forward…. → Read More
SIRIUS XM Double Up On Sports To Sack More Revenue
You love baseball, but your car came with Sirius. You love football, but have always been an XM subscriber. These are problems of the past as Sirius and XM have now merged to form Sirius XM Radio. When people think of merger synergies, they tend to think of… → Read More
SIRIUS XM 2009 Debt Is A Non Issue
A lot of noise is being made these days by people regarding certain convertible debt that SIRIUS XM has coming due in 2009. I have no problem admitting that I for one, am one of those unsophisticated investors we’ve heard about lately. The truth is this whole convertible… → Read More
Stern May Boost Revenues With “BEST OF” Option
Within three months of the merger, SIRIUS XM Radio has committed to getting a “BEST OF” option available to consumers. Unlike true A-La-Carte programming, “BEST OF” will work on all existing services with legacy receivers on both the Sirius as well as the XM system. The “BEST OF”… → Read More
Mel Karmazin To Appear On Mad Money
Tune in at 1:30p ET Monday, As Cramer goes head to head with Mel, live during market hours. I don’t want to build too much hype. I just know I don’t want to hear anything about 300 million in positive EBIDA before capex (capital expenditures). UPDATE: Like him… → Read More
Analyst Roundup On SIRIUS XM Radio
With the Q2 2008 conference call of SIRIUS XM radio complete, analysts are beginning to weigh in on the prospects of the merged company. While as expected there are both bearish and bullish outlooks, with a smattering of opinion that goes right down the middle. The merger is… → Read More
Mel’s Methods
Mel Karmazin recently described himself as an operator. The man has brought many ventures to profitability and beyond, and he is the CEO of the newly merged SIRIUS XM Radio. One thing about Mel Karmazin is that he is steadfast in obtaining goals once he publicly states what… → Read More
Citi Maintains Bullish Outlook On SIRIUS XM
Citi analyst Tony Wible issued a report on Sirius’ stand alone financial results yesterday, and remains bullish on the prospects for satellite radio. The analyst noted that, “Operational results were strong as revenue came in ahead of our original expectations while costs were lower…” Wible also noted that… → Read More
SIRIUS XM Radio – Good Quarter, Average Call
When the financials of Sirius crossed the wires at 7:00 AM, things were looking pretty good in the world of satellite radio. Sirius had posted a good quarter, beat the street on many metrics, and the scaling of the business model seemed evident. The press even seemed impressed… → Read More
Adelstein To Headline At NAB Radio Show
File this under “irony”. FCC Commissioner Jonathan Adelstein will be a featured speaker at the upcoming NAB Radio Show from September 17-19 in Austin Texas. Adelstein is expected to address a number of regulatory issues facing radio broadcasters, including the FCC’s localism proceeding, HD Radio and low-power FM…. → Read More
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