Halloween Listening
Halloween gets more and more commercialized every year, and this year is no different. Sirius XM Radio, Slacker, and other music services have programmed special stations and shows to let you get into the Halloween spirit. Take advantage of a bit of “escapism” and catch some classic scary tunes.
SIRIUS
SCREAM 113 – For a ghoulish Halloween, tune in to SIRIUS Scream 113 from Sunday, October 26 to Sunday, November 2. The channel will feature spooky songs and sound effects, Halloween stories from SIRIUS Stars and personalities (Martha Stewart, Deepak Chopra, Jay Thomas and Cousin Brucie, among them), Halloween-related interviews and features, listener comments, and more. And on October 31, Scream 113 is the place for your sound track for Halloween with 24 hours of blood curdling sound effects … Don’t say we didn’t warn you!
Slacker
Slacker is also getting into the Halloween spirit early by offering an awesome channel called Halloween Radio. Jam to tunes that will keep your Halloween party rockin’, or simply tune in to hear a great channel targeted to the October holiday.
Halloween radio on Slacker is available right now, and best of all… you can skip a song if it too darn scary!!!
[via Slacker Active]
Position – Long SIRI
How appropriate this article abot spooky sounds…
I am a positive person but…
the euphoria of a record day yesterday and .08 pop yesterday is fading away. SIRI will be a horror for several more months until we get some valuable news released.
The shorts are at it again today minipulating. I feel another downturn is in the making for our shares. This stock value will eventually sink to .33-.35 before it bottoms out before the declining crisis is over.
At 9:33:42
the Bid was .5507,..the Ask, .5538
Two orders were fill..49 for 1k
..and 400 at .48
If you find them capture them and print it..
Send it to [email protected].. Attention David Kotz
mentioning the False Trade in Subject.
Enough E mails with this capture.. and it Proves the Wall Street Program is NOT infallible.
These two trades, though small.. trying to bring the Trend down.. Someone with a Lot of Clout got those trades in
on..’Normal’.. (Not out of Sequence..)
We need to participate in getting help for us.
The SEC Wants this kind of Data.
Besides.. If the Crooks know we are watching, and DOING something about it.. It makes it harder for them to try it the next time..
DJ Sirius CEO Sees 2009 Rev Up $300M-$400M Despite Auto Woes
. Ê By Nat Worden Ê Of DOW JONES NEWSWIRES
Ê Sirius-XM Radio Inc. (SIRI) Chief Executive Mel Karmazin said Tuesday that U.S. auto sales will drive $300 million to $400 million in revenue gains for satellite radio next year even if Detroit has an awful year. Ê Karmazin noted that half the vehicles manufactured in the U.S. in 2009 will have satellite radio installed. If current trends hold steady, he said, roughly half of the buyers for those vehicles will become paying subscribers for XM-Sirius. Ê “We’ll add hundreds of millions of dollars in revenue even if the auto industry sells only 12 million cars, and that’s less than people are expecting even in today’s climate,” said Karmazin. Ê The remarks came at a media industry conference in New York, where Karmazin also said he’s confident that XM-Sirius will be able to refinance roughly $1 billion in debt that comes due next year despite the financial crisis that’s weighing heavily on credit markets. Ê “I wish the debt market wasn’t what it was,” said Karmazin. “It’s very challenging, but we’ve been talking to our debt holders and I’m confident we’ll be able to work something out.” Ê -By Nat Worden, Dow Jones Newswires; 201-938-5216; [email protected]
Ê (END) Dow Jones NewswiresÊ October 14, 2008 10:30 ET (14:30 GMT)Ê Copyright (c) 2008 Dow Jones & Company, Inc.- – 10 30 AM EDT 10-14-08
Tyler
Is this is really good news???
Half of the conservative 12 mill. car sales = 6 mill.
50% of 6 mill. is 3 mill…..
3 mill. x $120 a year = $360 in million extra revenue per year.
Doesn’t include “best of” upgrades, additional family plan radios, navigation service, backseat tv, or any retail sales….
How about additional ad revenue from the growing subscriber base?
SEC needs to ban margin accounts to shorts.
I’d make it law that shorts would’ve to use their own cash and not borrow cash to short stocks.
Look at crude oil, the crooks really worked that market and we all paid at the pump.
@ Media & Money: Sirius XM’s Karmazin: Managing Debt, Stronger Balance SheetAll In The Future
Tuesday October 14, 10:22 am ET
By David Kaplan
With over $2 billion in debt, the merged satellite radio company *Sirius XM* already had plenty of challenges before the credit markets tightened up these past few weeks. But CEO Mel Karmazin tried to steer things into the bright future instead of the darkening present. In a Q&A with Mediaweek’s Katy Bachman at the Dow Jones/Nielsen Media and Money Conference in New York, Karmazin pleaded for some time to get the company’s finances in order, as he boasted of Sirius XM’s (NasdaqGS: SIRI – News) strengths even in an economic downturn.
— The future is bright: Karmazin: The fact is that it will take satellite time to get to free cash flow; look how long it took cable. The equity in the company is worth $1 billion. On one hand, you have a company that has grown over a period of time. We’ve gone from $67 million to $2.4 billion in revenue by the end of the year. The companies that get rewarded today have a great balance sheet. That’s not us today, but that’s us in the future. As for the debt, Karmazin said: “We’re engaged in discussions [our lenders]. I believe we’ll be able to refinance it, even in this market.”
— Even if Detroit loses, we still win: We’re a subscription business. About 96 percent of our business comes from that. the largest driver is when you go out an buy a new car, every car company has committed to putting it. Next year, we’ll have 50 percent penetration. There are about 17 million new cars produced a year. That number will be 13 million next year. If there are only 12 million cars sold, no one as forecast that, but even if the worst happens, 6 million will leave the assembly line with satellite radio. And our surveys show that 50 percent of the people who are offered satellite with their new car, take it. That will get us to $300 million revenue growth even if Detroit has a very bad year. Even in a market where cars are not doing well, we can still feel successful.
— Content syndication: Sirius XM had talks about syndicating its content to terrestrial radio stations and networks. But Karmazin takes a dim view of these deals, noting that they tend to undercut Sirius XM’s existence as a subscription service. “Why would they pay $12.95? It’s because they can’t get it anywhere else. We have 65 commercial free music channels. If you want to listen to something on terrestrial radio, you have to pay by listening to commercials. Our model is different. It would also hurt the brand to produce content that would have to conform to FCC standards. I will honor some agreements we have made. But I wouldn’t go out of my way to do more syndication deals.”
UPDATE 1-Sirius CEO ‘confident’ about debt refinancing
Tue Oct 14, 2008 11:11am EDT NEW YORK, Oct 14 (Reuters) – Sirius XM Radio (SIRI.O: Quote, Profile, Research, Stock Buzz) Chief Executive Mel Karmazin is confident that the satellite radio company will be able to refinance its debt in spite of the troubled credit markets, he said on Tuesday.
“I believe that we will be able to refinance it,” he said at the Dow Jones Media and Money conference in New York.
Sirius XM faces some $1.1 billion in debt in 2009. Of that, about $300 million comes due in February.
Karmazin had previously said the company was in talks to refinance that debt.
“I am confident that we will get that done,” he said on Tuesday.
The wave of troubles in the finance markets and concerns about the looming debt payments have weighed on Sirius shares, which for the past few weeks have traded below $1.
The stock was down 1.9 percent at about 50 cents in morning Nasdaq trade. (Reporting by Franklin Paul; Editing by Lisa Von Ahn)
SEND AN EMAIL TO THEM TOO….
Thank you for your email below in which you expressed concerns about naked short selling and reinstating the uptick rule. We are aware of significant concerns on the part of many individuals and entities about these issues and we appreciate your bringing this information to our attention.
The Office of Inspector General (OIG) has an ongoing audit into the SEC Division of Enforcement’s process for responding to complaints and referrals, including those pertaining to naked short selling. Please be advised, however, that the OIG has limited jurisdiction and lacks authority to reinstate the uptick rule or to directly enforce against naked short selling. Therefore, we have forwarded your email to both the SEC’s Division of Enforcement and Office of Investor Education and Assistance for their review. You may also contact those offices directly at [email protected] and [email protected].
Sincerely,
Natasha Dandridge
Legal Assistant
On behalf of the Office of Inspector General
of the U.S. Securities and Exchange Commission