Today the U.S. Federal Communications Commission dismissed Liberty Media’s request for the licenses that would have given John Malone control over SiriusXM. It turns out “40 is not the new 50.” Mark one down for Mel Karmazin and the SiriusXM shareholders on this one. Although, at is hard… → Read More
Sonic Automotive Customers Land Bonus 3 Month SiriusXM Subscription
Consumers purchasing a used car, equipped with satellite radio, through leading auto dealer Sonic Automotive, will now automatically receive a three month trial Sirius XM subscription. This deal with Sonic Automotive puts SiriusXM in front of potential customers in over 100 dealerships across 15 states and 26 major… → Read More
April Auto Sales Show Slight Improvement Over Last Year
April auto sales are in and they show a modest 2.3% improvement over last year. The SAAR rate is down to about 14.2 million vs. a Q1 SAAR that was at 14.6 million. Overall sales came in at 1,183,072 units. This was slightly above the 1,157,000 reported for… → Read More
Sirius XM Reports Q1 2012 Results
Sirius XM Radio (SIRI) today announced first quarter 2012 financial and operating results, including revenue of $805 million, up 11% over first quarter 2011 revenue of $724 million. Net income for the first quarters of 2012 and 2011 were $108 million and $78 million, respectively, or $0.02 and… → Read More
Volkswagen to Offer 4 Year Sirius XM Traffic Subscription on Select 2013 Vehicles
Sirius XM Radio (SIRI) and Volkswagen of America, Inc. have announced that customers who purchase 2013 model year vehicles equipped with RNS 510 and RNS 850 navigation systems will receive a 4-year subscription to Sirius XM Traffic, providing access to traffic speed and flow information along with accident… → Read More
Howard Stern Files Appeal in Lawsuit
It certainly did not take long for attorney’s from the Stern camp to get the paperwork together to file an appeal. The original lawsuit was dismissed with prejudice and was first reported here at SiriusBuzz. following the decision by Juge Barbara Kapnick, Howard Stern expressed dismay at the… → Read More
A Deeper Look at the Howard Stern Lawsuit
As was reported here on SiriusBuzz, Sirius XM (NASDAQ:SIRI) has scored a victory in the lawsuit filed by Howard Stern in the form of a summary judgment with prejudice issued by Judge Barbara Kapnick. A dismissal with prejudice does not preclude Stern from appealing the decision, and Stern… → Read More
Howard Stern “Bummed” By Judges Decision – Vows Appeal
Yesterday we broke the news that Sirius XM had emerged victorious in the lawsuit filed by Howard Stern and his agent Don Buchwald. The Judge in the matter, Barbara Kapnick, ruled in favor of Sirius XM’s request for summary judgment and dismissed the case with prejudice. Contrary to… → Read More
Court Dismisses Stern Suit With Prejudice
The news will certainly send shock waves through the media as Howard stern has just lost his epic battle with Sirius XM Satellite Radio (NASDAQ:SIRI). The suit, filed over a year ago, had some tantalizing tid-bits of the history of the Howard Stern deal with Sirius, the merger… → Read More
Sirius XM and SoundExchange Agree To Extension On Case
The Sirius XM (NASDAQ:SIRI) anti-trust lawsuit against SoundExchange for blocking Sirius XM from cutting direct deals with record labels has hit its first hurdle, and the case is only a couple of weeks old. The deadline for a response to the lawsuit from SoundExchange as well as the… → Read More
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