SiriusBuzz Radio will be airing once again tonight. The live show starts at 10:30 PM eastern and callers are welcomed. To participate simply call in at 347-945-7995. The show will carry a free form this week with discussions on retail, the FCC, merger concessions, and whatever you the… → Read More
CITI Sets $8 Target On Sirius
Citi analyst Tony Wible assumed coverage of satellite radio, and has opened up with an $8 price target on Sirius Satellite Radio. The detailed report deals with the companies as a stand alone as well as with a merger. Wible sees a 70% chance of FCC approval on… → Read More
Stifel Analyst Sees Improved Retail
Stifel analyst Kit Spring is the first analyst to make note of retail sales for SDARS being better than expected. As Sirius Buzz pointed out earlier today, the retail channel is showing improvement that is better than most analysts had been projecting. Additionally, Spring still sees merger synergies… → Read More
U.S. Electronics Has Interesting FCC Filing
U.S. Electronics wants open access as a condition of the proposed merger between Sirius and XM. This fact is well known, and has been covered in detail in our interview with U.S. Electronics consultant Kathy Wallman. The concept of open access is pretty compelling. Some factors need to… → Read More
Nokia Wants To Expand Music Industry
In an announcement today regarding an agreement between Sony BMG and Nokia for the cell makers “Comes With Music” phone, Nokia executive Tero Ojanperä stated that Nokia wants to”drive the consumer”, “make music a business for Nokia”, and to “expand the music industry.” Nokia’s device comes bundled with… → Read More
Clear Channel Lenders Seek Arbitration
Clear Channel stock saw a 5% increase in stock price today as news about a potential resolution on the buyout was released. Although trading at around $30, CCU still trades well below the buyout price of $39.20. The Clear Channel buyout has been approved for quite some time,… → Read More
Cowen Analyst Sees Merger Refinancing As Non-Issue
Cowen analyst Tom Watts issued a research report today on Sirius Satellite Radio. The report centers on the merger, and refinancing issues that the merger will bring. The analyst feels that the concerns surrounding the refinancing are overblown, and has an overweight rating on Sirius. Watts believes that… → Read More
Retail Sales May Surprise
With month after month of bad news and declines in the retail channel, the trend finally seems to be turning, and it may be just enough to surprise a few analysts out there. Many analysts are building models with retail declines in the 28% to 35% neighborhood, but… → Read More
Ibiquity Meets With FCC Seeking A Level Playing Field
As expected, many commenters in the merger process between Sirius and XM are trying to get their respective points across. Some comments lack detail, others simply seem outlandish. The most recent filing by Ibiquity is a bit humorous. Ibiquity met with the FCC to discuss a proposed rule… → Read More
Satellite Radio Retail Trend Improves In March
The NPD data for March 2008 has been released, and the trend at retail is seeing improvement. For the first time in many months, one of the satellite radio companies saw less than a double digit decline in year over year comparisons. The NPD Group is the leading… → Read More
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