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Sirius XMSirius XM Receives Nasdaq Delisting NoticeAuthored by Mark Hefflinger on September 18, 2009 - 9:27am.
New York
- Sirius XM Radio (NASD: SIRI) said yesterday that it has received a notice from the
Nasdaq that its shares are in danger of being delisted from the exchange, as
they have closed below the $1 minimum share price requirement for 30
consecutive business days.
Sirius XM Unveils SkyDock Satellite Radio Accessory for iPhoneAuthored by Mark Hefflinger on August 26, 2009 - 12:05pm.
New York - As rumored last week, Sirius XM (NASD: SIRI) on Wednesday
unveiled the SkyDock, a docking station for Apple's (NASD: AAPL) iPhone an iPod touch that
turns the devices into satellite radio receivers.
Report: Sirius XM Developing iPhone/iPod Dock AdapterAuthored by Mark Hefflinger on August 20, 2009 - 10:57am.
New York
- Sirius XM (NASD: SIRI) is rumored to be developing a docking station that would allow
Apple's iPhone and iPod to receive the company's satellite radio service, All
Things D reported, citing a post on XMFan.com.
SoundExchange Sets Royalty Deals With Sirius XM, OthersAuthored by Mark Hefflinger on August 3, 2009 - 9:54am.
Washington
- SoundExchange, the entity set up by major record labels to collect and
distribute digital music royalties, announced late last week that it has
reached new agreements with Sirius XM (NASD: SIRI), College Broadcasters Inc., and the National
Religious Broadcasters License Music Committee.
tags: Law | Policy | Music | Copyright | SoundExchange | CRB | Sirius XM | Webcaster Settlement Act | College Broadcasters Inc. |
Sirius XM iPhone Application Reaches 1 Million DownloadsAuthored by Mark Hefflinger on July 7, 2009 - 10:44am.
New York
- Sirius XM (NASD: SIRI) has announced that its application for Apple's iPhone and iPod
touch has been downloaded over 1 million times in its first two weeks of
availability. The free application offers access to 120 channels of music,
talk, sports and other radio content from the satellite subscription service.
Sirius XM Debuts Michael Jackson Tribute ChannelAuthored by Mark Hefflinger on June 29, 2009 - 10:58am.
New York
- Sirius XM (NASD: SIRI), the satellite radio firm with major operations in DC, on Saturday
launched The Michael Jackson Tribute Channel, honoring the pop music icon who
died last week. The limited-run channel, featuring Jackson's music, as well as interviews and
stories from other artists, will air through midnight Monday on Sirius channel
51 and XM channel 62.
Sirius XM Passing Music Royalty Rate Hike on to SubscribersAuthored by Mark Hefflinger on June 26, 2009 - 10:32am.
New York - Sirius XM (NASD: SIRI) plans
to pass on higher royalty rates it has to pay to broadcast music to its
subscribers in the U.S.,
in the form of a $1.98 per month fee increase for primary subscriptions and
$0.97 per month fee for multi-receiver subscriptions, SiriusXMNews reported.
XM Satellite Radio to Raise $350 Million Through Notes OfferingAuthored by Mark Hefflinger on June 22, 2009 - 8:51am.
Washington
- Looking to wipe out some of the company's heavy debt load, satellite radio
firm Sirius XM (NASD: SIRI) said on Monday that its XM Satellite Radio unit plans to raise
$350 million through a notes offering.
Sirius XM Releases Long-Awaited iPhone ApplicationAuthored by Mark Hefflinger on June 18, 2009 - 12:57pm.
New York
- Hoping to give a boost to its lagging subscriber base, Sirius XM (NASD: SIRI) on Thursday
launched its long-awaited application for the Apple (NASD: AAPL) iPhone and iPod touch. The free
app will give those who subscribe to Sirius and XM's Internet services access
to 120 satellite radio channels through their mobile devices. The app also
allows users to purchase a song being played through iTunes, tab channels as
"favorites" and quickly scan programming on all channels through a
multi-touch user interface. Sirius XM reported 18.6 million subscribers at the
end of the quarter, down from 19 million at the end of last year.
Does Sirius XM Belong on the 10 Biggest Tech Failures List?Authored by Jay Baage on May 21, 2009 - 10:37am.
Time Names Sirius XM to "10 Biggest Tech Failures" ListAuthored by Mark Hefflinger on May 21, 2009 - 8:58am.
 Washington
- Time magazine has labeled satellite radio provider Sirius XM (NASD: SIRI) as one of the
"10 Biggest Tech Failures of the Last Decade," alongside HD DVD,
Microsoft (NASD: MSFT) Vista and the Segway. The list, compiled by 24/7 Wall St., includes products and
companies that "clearly miss the mark of living up to the potential that
its creators expected."
Sirius XM Reports Decline in Subscribers in Q1Authored by Mark Hefflinger on May 7, 2009 - 7:44am.
Washington
- For the first time in its history, satellite radio provider Sirius XM (NASD: SIRI) said on
Thursday that its subscriber base shrunk during the first quarter.
Sirius XM to Adopt 'Poison Pill' Stockholder Rights PlanAuthored by Mark Hefflinger on April 30, 2009 - 9:18am.
New York
- Sirius XM Radio (NASD: SIRI) said on Thursday that its board has approved a "poison
pill" plan that would complicate any potential hostile takeover bids for
the company.
Sirius XM to Stream Satellite Radio to iPhones, iPodsAuthored by Mark Hefflinger on March 12, 2009 - 8:15am.
Washington
- Days after narrowly averting bankruptcy, satellite radio provider Sirius XM (NASD: SIRI)
said on Thursday that it will try to boost its subscriber base by offering its
services to owners of Apple's (NASD: AAPL) iPhone and iPod touch devices beginning this
spring.
Sirius XM Reports Smaller Subscriber Growth in Fourth QuarterAuthored by Mark Hefflinger on March 11, 2009 - 9:12am.
Washington
- In the latest sign of struggles for satellite radio provider Sirius XM (NASD: SIRI), the
company said that it added just 83,000 net new subscribers during the fourth
quarter, down from 1.1 million new additions for Sirius and XM individually
during the same period in 2008.
Sirius XM Averts Bankruptcy Through Deal with Liberty MediaAuthored by Mark Hefflinger on February 17, 2009 - 8:16am.
 Washington
- Averting possible bankruptcy, satellite radio provider Sirius XM (NASD: SIRI) on Tuesday
reached an 11th-hour deal with Colorado-based Liberty Media (NASD: LINTA), which has agreed
to loan the company $530 million in exchange for preferred shares convertible
into a 40% equity stake. The deal allows Sirius XM to immediately repay $171.6
million in notes -- mainly owned by Liberty's
chief rival, EchoStar (NASD: SATS) -- that were due on Tuesday.
Sirius XM Scrambles to Avoid Bankruptcy; Exchanges NotesAuthored by Mark Hefflinger on February 13, 2009 - 9:08am.
New York
- Satellite radio firm Sirius XM (NASD: SIRI) said on Friday that it is scrambling to avert
the possibility of having to declare bankruptcy next week.
N.Y. Times: DirecTV Owner in Talks with Sirius XMAuthored by Mark Hefflinger on February 12, 2009 - 8:47am.
 Washington - Just five days before the company's $175 million
debt payment comes due, Sirius XM (NASD: SIRI) has entered talks with Liberty Media (NASD: LCAPB) that the
satellite radio provider hopes could keep it out of bankruptcy, The New York
Times reported. The talks could set up a situation in which Liberty, the majority owner of DirecTV, wages
battle with fellow satellite TV firm EchoStar (NASD: SATS), the owner of Dish Network, for
control of Sirius XM.
Sirius XM Reportedly Preparing for Chapter 11 FilingAuthored by Mark Hefflinger on February 11, 2009 - 8:19am.
Washington
- Unlikely to find a way to repay its looming debts, satellite radio provider
Sirius XM (NASD: SIRI) has hired advisors to help it prepare for a possible bankruptcy
filing, The New York Times reported. The company currently is saddled with
about $3.25 billion in debt, owing $175 million of it at end of this month, as
well as another $400 million in December.
EchoStar Accumulating Sirius XM's Debt; Vying for ControlAuthored by Mark Hefflinger on February 6, 2009 - 9:41am.
Washington - EchoStar, the Colorado-based satellite TV firm
that owns DISH Network, has been accumulating the debt of satellite radio
provider Sirius XM since late summer, and may soon be able to take control of
the company, The Wall Street Journal reported.
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