For the first time ever, XM subscribers will have access to every single game of the 2014 season, from opening day until one team is crowned champion, on their radio and mobile devices. The full season coverage will also be made available to Sirius subscribers with a premium… → Read More
Q1 Auto Sales Expected to be Flat Year Over Year
This may come as a surprise to some, but auto sales seem to have hit a bit of a rough spot so far in 2014. It is anticipated that Q1 auto sales will total about 3.677 million in 2014 vs 3.685 million for the same period a year… → Read More
SiriusXM – The Beatings Continue
Investors are certainly frustrated. An equity that many thought should be at $4.00 per share or more now seems capable of testing the $2’s! How can this happen? This happens when something that was potentially very good gets pulled off of the table. I know, some retail investors… → Read More
Why SiriusXM Was Down On Massive Volume
Even though the Liberty Media deal is now off of the table, there are forces still at work dealing with the shift. SiriusXM was down into the $3.20’s today on big volume of over 135 million shares. While some retail investors had no love for a deal with… → Read More
SiriusXM Still Down
The good news is that volume was lighter than average and lighter than the previous session. The bad news is that SiriusXM went down further again today. The equity seemed to be holding the line in the early session, but gave up and sold off in the afternoon,… → Read More
SiriusXM’s Two Star App Plagued with More Mysterious OnDemand Downtime
It’s not just you — the SiriusXM OnDemand feature has been down for over 12 hours and no one seems to know when it will be fixed. When notified about the issue all SiriusXM would say was “We’re currently having issues with the app, but all the content… → Read More
SiriusXM Lull Continues
SiriusXM did a bad thing today. The equity closed below a critical support and resistance point of $3.42. We saw a head fake above that level, but the equity could not hold the line. Meanwhile Liberty Media continues to appreciate. It has to be a dynamic that is… → Read More
Pandora Wins ASCAP Ruling, Celebrates by Raising Subscription Prices
In a ruling last week Pandora was ordered to pay ASCAP, a performance rights organization, 1.85% of its annual revenue. Pandora had hopes of a rate of 1.7% but, with ASCAP looking for a whopping 3.0%, the final agreed upon rate, which was at the top of their… → Read More
SiriusXM Slide Continues
There is not very much in the technicals that looks good for SiriusXM right now. Adding insult to injury, we are getting dangerously close to seeing the 100 Day EMA cross below the 200 day EMA. That is typically not a good thing. At this point those that… → Read More
SiriusXM Not As Free As It Seems
I spent the better part of Friday and today assessing the news that Liberty Media delivered after the market closed on Thursday night. I offered up my initial reporting here and on Seeking Alpha. Now it is time to assess beyond what is already widely known. The deal… → Read More