BNET Industries
Market Cap:$2.4B
- Public
- US
Dow Jones Description
SIRIUS XM Radio is America's satellite radio company delivering the "The Best Radio on Radio" to more than 18 million subscribers, including 100% commercial free music, and premier sports, news, talk, entertainment, traffic and weather. SIRIUS XM Radio has exclusive content relationships with an array of personalities and artists, including Howard Stern, Oprah, Martha Stewart, Jimmy Buffett, Elvis, Jamie Foxx, Barbara Walters, Frank Sinatra, Opie & Anthony, The Grateful Dead, Willie Nelson, Bob Dylan, Dale Earnhardt Jr., Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball, NASCAR, NHL, and PGA Tour, and broadcasts major college sports. SIRIUS XM Radio has exclusive arrangements with every major automaker. SIRIUS XM Radio products are available at shop.sirius.com and shop.xmradio.com, and at retail locations nationwide, including Best Buy, Circuit City, RadioShack, Target, Sam's Club, and Wal-Mart. SIRIUS XM Radio also offers SIRIUS Backseat TV, the first ever live in-vehicle rear seat entertainment featuring Nickelodeon, Disney Channel and Cartoon Network; XM NavTraffic service for GPS navigation systems delivers real-time traffic information, including accidents and road construction, for more than 80 North American markets.
Chief Executive Officer
Mel KarmazinPeer Companies
NAICS Code Satellite Telecommunications: 517410
Recent Events
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Taking Pandora 'Siriusly'
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Skymark Research Initiates Independent Research Coverage On SIRIUS XM Radio
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Will DirecTV Buy Sirius XM?
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Sirius XM Radio: The Year in Review
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StockPreacher Initiates Independent Research Coverage for Sirius XM Radio Inc.
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9 Predictions for 2009: The Scorecard
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Is This a Sirius Lawsuit?
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XM Canada Announces Change to Board of Directors
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Parsons signs off as board chairman at Sirius XM Radio
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Times publisher named chairman of SIRIUS XM Radio
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Parsons Resigns as Chairman of Sirius XM Radio
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Highlights From SIRI's Q3 Conference Call: Revenue Grew to $630 Million Record; Comments on Auto...
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SIRIUS XM Radio to Announce Third Quarter 2009 Results
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Sirius Posts Lower Losses
News & Analysis
Filter by
government and sirius and xm satellite radio inc. - All News and Analysis
Sirius XM Price Hike Using Royalties As Income Boost Excuse?
BNET
- 2009-06-25
Sirius XM has been notifying subscribers of a price hike that the company ascribes to increased music royalties that the service is incurring. But while the company is getting charged more, the subscription increases far outstrip the higher royalties, seeming to put the company in conflict with a promise it...
Final approval given to merger of US satellite radio firms
- 2008-07-26
WASHINGTON AFP — US regulators formally approved the long-delayed billion-dollar merger of the nation's only two satellite radio companies, combining Sirius and XM into a single network with 18 million subscribers, the FCC said Saturday. The Federal Communications Commission, in a 3-2 vote Friday by its commissioners, approved Sirius...
Satellite radio firms to pay $19.7M for rules violation
- 2008-07-25
WASHINGTON -- Approval of a merger of the nation's only two satellite radio companies was imminent Thursday after the pair agreed to pay $19.7 million to settle charges they violated federal rules. Sirius Satellite Radio Inc.'s proposed $3.6 billion buyout of rival XM Satellite Radio Holdings Inc. has...
Sirius-XM radio deal closes in on FCC approval
- 2008-07-24
The Federal Communications Commission was close to an agreement Wednesday to conditionally approve the merger of Sirius Satellite Radio and XM Satellite Radio, three FCC officials said. Republican Commissioner Deborah Taylor Tate could break a 2-2 party-line stalemate by voting to clear the linkup between the...
Decision near on a merger of Sirius, XM radio
- 2008-06-17
WASHINGTON -- The chairman of the Federal Communications Commission says he is satisfied that the $3.8 billion merger of the nation's only two satellite radio companies is in the public's interest. Even so, two of the other four commissioners are ardent foes of allowing big media companies to...
Justice Dept. OKs merger of XM, Sirius; now it's up to FCC
- 2008-03-25
NEW YORK -- The Justice Department gave its OK on Monday to a deal that would put Howard Stern and Oprah Winfrey under the same satellite radio company roof. Antitrust officials said that they saw no reason to block or put conditions on Sirius' acquisition of...
No static at all: XM, Sirius satellite radio get OK to merge
- 2008-03-25
Hoping to tune in Howard Stern on your XM radio? Wishing Oprah & Friends radio came in on Sirius Satellite Radio?Looks like the superstars of both pay-radio services soon will be able to romp on each other's playground, as the long-anticipated merger of XM and Sirius satellite radio comes to...
Sirius bid to buy rival XM advances
- 2008-03-25
WASHINGTON -- The Justice Department on Monday approved Sirius Satellite Radio Inc.'s proposed $5 billion buyout of rival XM Satellite Radio Holdings Inc., saying the deal was unlikely to hurt competition or consumers. The transaction was approved without conditions, despite opposition from consumer groups and an intense lobbying...
Georgetown Partners Tells FCC That Sirius-XM "A La Carte" Proposal is a Fairytale Providing No Public Interest Benefit
- 2008-01-29
Sirius-XM's version of A La Carte, when and if it becomes available, would require more than 30 million current satellite radio owners to replace their existing radios and buy and install expensive "next generation" radios Georgetown urges Sirius-XM to withdraw their "fairytale" A La Carte proposal and offer a...
FCC likes Sirius-XM plan
- 2007-08-08
Federal Communications Commission Chairman Kevin Martin said he is "pleased" with a plan by Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. to offer "a la carte" programming if they are allowed to merge. "It's always good when consumers have more choice," Martin said Tuesday after...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mel Karmazin | Chief Executive Officer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Joan C. Amble | Board of Directors |
| Eddy W. Hartenstein | Board of Directors |
| Jack Shaw | Board of Directors |
| Chester A. Huber Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Open Road café | Chief Executive Officer of Sirius Xm Radio, America's Satellite Radio Company Delivering | Current |
| Autism Speaks | CEO, Sirius Satellite Radio | Current |
| SIRIUS XM Radio Inc. | Chief Executive Officer | Current |
| Animaux.Net | Current | |
| Open Road café | Board of Directors | Current |
| Museum of Television & Radio | Vice Chairman | Current |
| Autism Speaks | Board of Directors | Current |
| The Paley Center for Media | Vice Chairman of the Board of Trustees | Current |
| Infinity Broadcasting Corporation | CEO | Former |
| CBS Radio Inc. | Chairman and Chief Executive Officer | Former |
| CBS Corporation | President and Chief Executive Officer | Former |
| SIRIUS Satellite Radio Inc. | CEO | Former |
| Infinity Broadcasting Corporation | President | Former |
| Viacom Inc. | President | Former |
| CBS Corporation | Chief Operating Officer | Former |
| Viacom Inc. | Chief Operating Officer | Former |
| Metromedia Company | Executive | Former |
| Viacom Inc. | Board of Directors | Former |
| Pace University | Former |
| Organization | Position | Status |
|---|---|---|
| XM Satellite Radio Inc. | Member, Board of Directors | Current |
| Iradio Waves | Member, Board of Directors | Current |
| Raidio | Member, Board of Directors | Current |
| Xm Widget | Member, Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| American Express Company | Executive Vice President & Controller | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| American Express Company | Board of Directors | Former |
| The Pennsylvania State University | B.A., Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| SIRIUS XM Radio Inc. | Chairman | Current |
| Thomson SA | Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| SanDisk Corporation | Board of Directors | Current |
| The DIRECTV Group, Inc. | CEO | Former |
| The DIRECTV Group, Inc. | President | Former |
| Hughes Electronics | Former | |
| The DIRECTV Group, Inc. | Vice Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| The DIRECTV Group, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | President and Chief Executive Officer | Current |
| Globecomm Systems Inc. | Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| Hughes Network Systems, LLC | Chief Executive Officer | Former |
| Institute of Electrical and Electronics Engineers, Inc. | senior member | Former |
| Hughes Network Systems, LLC | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| Guidant Corporation | Board of Directors | Former |
| Purdue University | B.S. In Electrical Engineering | Former |
Chet Huber is president of OnStar Corporation, a wholly-owned subsidiary of General Motors Corporation. He was appointed to the position in June 1995. A native of Hammond, Indiana, Huber attended General Motors Institute, now Kettering University, where he earned a bachelor's degree in mechanical engineering. Upon graduation, he was selected as a GM fellow and attended Harvard University where he earned a master's degree in business administration. Huber joined GM's Electro-Motive Division as a co-op engineering student in 1972 and held a variety of engineering, operations, and marketing roles before joining OnStar. His positions included director of the aftermarket business; general director of aftermarket parts and service; and general director of sales, marketing, and product support. In 1994, Huber was selected by the U.S. Department of Defense and GM as the first Industrial Fellow to attend the National Defense University's Industrial College of the Armed Forces in Washington, D.C. He graduated in June 1995 with a master of science degree in National Resource Strategy. In May 2005, Huber became the first industrial student inductee into the U.S. Department of Defense Industrial College of Armed Forces Hall of Fame and was later bestowed the distinction of "Honorary Commandant" in February 2006. Huber currently serves on the board of directors of XM Satellite Radio and the Cornell University – Engineering College Council, and is a member of a Federal Advisory Committee for the Centers for Disease Control. Additionally, Huber recently joined the National Aeronautics and Space Administration Advisory Committee for PNT – Positioning, Navigation, and Timing Advisory Board. In 2006, Huber was presented with an honorary doctorate degree of engineering from Kettering University.
| Organization | Position | Status |
|---|---|---|
| Onstar Corporation | President | Current |
| Motors Liquidation Company | President, Onstar | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| Motors Liquidation Company | General Manager | Former |
| Motors Liquidation Company | Director of Aftermarket Parts and Services | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
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