Robert Peck of Bear Stearns is Bullish On Sirius. He sees current prices as an attractive entry point, Likely FCC approval with modest concessions, and $5 Billion in merger synergies. REPORT EXCERPTS Sirius Satellite Radio (SIRI-$2.74-Outperform) Sector View: The satellite sector includes companies operating in various sub-sectors and… → Read More
Morgan Stanley Issues Report On Sirius
Benjamin Swinburne, and analyst for Morgan Stanley has issued a report on Sirius Satellite Radio. The report focuses on potential merger synergies. REPORT EXCERPTS: Sirius Satellite Radio 1Q08 Preview: Lowering Sub Estimates at Both OEM and Retail. What’s Changed? 1Q08 OEM Net Adds From 370K to 315K1Q08 Retail… → Read More
Slacker Inks Deals With Music Publishing Giants
Sirius Buzz has learned that Slacker has now inked deals with some of the biggest movers and shakers in the music publishing world. The deals, which have been in the works for some time, enable a full integration between the Slacker Internet radio service and the Slacker portables…. → Read More
Sirius Buzz Radio Continues
The first segment of Sirius Buzz Radio aired last week. The pilot show, “IT COMES DOWN TO THE FCC” was a 15 minute unprompted segment regarding the wait on FCC approval for the merger, and some snippets of opinion on what FCC approval will mean. The response to… → Read More
Chester Davenport Can Dance And Hide
Throughout this merger process, it has become clear that Chester Davenport of Georgetown Partners can dance. Whether or not he can run a radio business is unknown, but he sure can muster up his two-step at the offices of Kevin Martin and the other commissioners of the FCC…. → Read More
Credit Suisse Downgrades Sirius To Neutral
Credit Suisse analyst Bryan Kraft downgraded Sirius Satellite Radio to Neutral and established a new price target of $3.00 for the equity. The downgrade centers mostly on uncertainty surrounding various aspects of the business. While those that are long never like to see the term downgrade used, it… → Read More
C3SR Finally Does A Survey
I have been critical of C3SR for claiming to advocate on behalf of satellite radio consumers, but never really having done a survey to see what the sentiment of the satellite radio consumer is with regard to the merger. Well, they have finally done a survey!!!! Before you… → Read More
Sirius Buzz Radio Launches
Well, we finally pulled the trigger and started Sirius Buzz Radio. Our first segment was aired on April 3rd. This segment is a brief 15 minutes, and did not include callers. We wanted to get used to the system prior to going on to a full show with… → Read More
Sirius And XM Issue Greatest Hits To FCC
In a massive 209 page Exparte filing with the FCC, Sirius and XM have compiled what they term as the “Greatest Hits” of the people and organizations that have expressed support for the merger. The GREATEST HITS gives the FCC a collection of broad merger support. The filing… → Read More
Open Access – What It Means to The Merger
Open Access has been a proposal that was originally brought to the forefront by Gigi Sohn of Public Knowledge. The concept is simple. Open up the SDARS platform to allow manufacturers to create satellite radios. The subscription would still be through Sirius and XM, but the hardware may… → Read More
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