The day has finally come when we officially know which automaker would be the first to add Satellite Radio 2.0 to the line-up. While close followers of satellite radio have known about Chrysler and the 2.0 initiative for some time, it was not until this past week that… → Read More
March Auto Sales Strong – Sirius XM May Need To Adjust Subscriber Guidance
March Auto sales figures are finally in, and the numbers are very good, albeit slightly below recent analysts expectations from True Car and Edmunds. While not official yet, I would venture to say that both True Car and Edmunds gave more weight to fleet sales than perhaps they… → Read More
Spotify Seeking $4 Billion in Funding — What Does That Make Sirius XM and Pandora Worth?
Rumor has now circulated that Spotify is seeking funding of between $3.5 Billion (according to Business Insider) and $4 billion (according to Financial Times). I can already see the instant reaction of Sirius XM (NASDAQ:SIRI) and Pandora (NYSE:P) investors: What! Spotify isn’t worth that much Spotify does not… → Read More
Sirius XM Hit With a New Class Action Lawsuit
It had been a while since Sirius XM has had any big news on the legal front but a new class action lawsuit has been filed in the state of California. At first blush this suit seems to be not a very big deal, but some of the… → Read More
Free Sirius XM Trial Subscriptions Now Available at Over 4,000 Used Car Dealerships
Customers picking up a pre-owned car, with a factory installed satellite radio, at “participating” Asbury Automotive Group dealerships, will now be eligible for a three month SiriusXM subscription. Asbury Automotive Group, Inc. (NYSE: ABG), with over 80 stores across the country, is the 6th largest automotive retail company in the… → Read More
February Auto Sales Should Excite Sirius XM Investors
While the headlines of a SAAR over 15 million is certainly something to celebrate for Sirius XM (NASDAQ:SIRI) investors, it is the actual numbers that really matter, and February delivered with vehicle sales of about 1,151,000 units, an impressive jump from the 992,000 we saw last year, and… → Read More
Pandora Adding Sponsorships – Should Sirius XM?
Sponsorship can offer many things that benefit consumers as well as corporations. Pandora made a recent announcement that they would have limited interruptions and more music on February 29th thanks to Lexus. The concept, straightforward and simple, almost brings us back to yesteryear when television shows were sponsored… → Read More
Citigroup Thinks Liberty Could Raise Their Stake in Sirius XM to 80% – A Deeper Look
Citigroup has added more fuel to the Liberty Media (NASDAQ:LMCA) and Sirius XM (NASDAQ:SIRI) speculation today by issuing a report citing possibilities that Liberty could increase their stake in Sirius XM from about 40% to 80%. Citigroup analyst Jason Bazinet was the first to report on the concept… → Read More
Is Music Service MOG in Trouble?
Is MOG in trouble? That is a question that CEO David Hyman has been trying to fend off after a recent report by CNET stated that the subscription music service is struggling and looking for a buyer. According to Billboard Hyman expressed to Reuters that MOG is not… → Read More
Sirius XM and Pandora Both to Present at Morgan Stanley Technology, Media, and Telecom Conference
Morgan Stanley is set to have this years Technology, Media, and Telecom conference on February 28th. The event brings some of the biggest players to the table to offer presentations about their company as well as insight into the direction of the space. Two notable speakers at the… → Read More
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