Ibiquity and Georgetown Partners have recorded additional meetings with the FCC. Both parties reiterated their respective positions on merger concessions. Georgetown Partners got their twenty-fourth and twenty-fith meeting this week. Ibiquity is seeking inclusion of HD Radio in all produced satellite radios. Georgetown Partners is seeking 20% of… → Read More
XM Canada Passes 400,000 Subscribers
XM Canada announced today that they have passed 400,000 subscribers. For the last quarter, XM Canada added 49,700 new subscribers. The number beat last quarters net additions of 44,000, but was well off the pace of the same quarter last year, which was at over 90,000. XM Canada… → Read More
WSJ Confirms Stifel Opinion
In an article published today by the Wall Street Journal, virtual confirmation of an assessment made by Stifel analyst Blair Levin has been confirmed. Sirius Buzz broke the Stifel news this morning shortly after the market opened. The Steifel note, which stated speculation that FCC staff was in… → Read More
Positive FCC Report Sends Sirius and XM Up
A positive report by Stifel analyst Blair Levin on the happenings at the FCC has sent Sirius and XM upwards. Levin indicates that the FCC staff is now drafting a document which would approve the merger of Sirius and XM. Speculation that the FCC and DOJ are working… → Read More
February NPD – Better Than Expected
The NPD data for February 2008 has been released. The NPD Group is the leading global provider of consumer and retail market research information for a wide range of industries. They provide critical consumer behavior and point-of-sale (POS) information and industry expertise across more industries than any other… → Read More
AP Headline Looks For Story Where None Exists
Sometimes a headline tells a story that simply does not exist. Today is a great example. In an AP story the headline reads “Sirius Satellite Radio CFO Sells Shares”. This has to be a big story, right? After all, Sirius is in the midst of a merger, and… → Read More
Georgetown Partners Gives More Detail, But Still Lacks Substance
How difficult of a concept is it to provide detail on a proposal? In an Exparte filing with the FCC published today, Georgetown Partners finally takes a step in giving more detail on their proposal, but avoids any subject matter that points to the important questions at hand… → Read More
Bear Stearns at $2 Per Share?
Some in the satellite radio sector have complained about a diminishing valuation of the satellite radio stocks as the merger drags on and on, but what has happened to Sirius and XM pales in comparison to what has recently transpired with Bear Stearns. The investment bank, which has… → Read More
Pressures At FCC Build – Congressional Investigation Grows
It is nearly impossible to mention the proposed merger between Sirius and XM without also mentioning the Federal Communications Commission. The FCC plays a major role in this merger, and the scope of the merger, although not as large as many others, has had central attention over the… → Read More
Lehman Issues Updates On Sirius and XM
Vijay Jayant, and analyst for Lehman has updated models for both Sirius and XM. The updates are derived from analysis of the respective companies recently reported earnings and SEC filings. Lehman carries a $19 price target on XM Satellite Radio and a $4.90 price target on Sirius. Both… → Read More
Previous Entries
