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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Is Mel Karmazin Leaving Sirius XM?
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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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Sirius XM Chairman Gary Parsons Steps Down
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Parsons Resigns from Sirius XM; Hartenstein Named Non-Executive Chairman
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Barrington Raises Sirius XM Price Target on Q3 Report
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International Launch Services and Sirius XM Radio Ink Satellite Deal
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Sirius XM 3Q loss narrows on smaller charges and higher revenue
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SIRIUS XM Radio to Announce Third Quarter 2009 Results
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Throw This Stock Away
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4 Predictions for the Fourth Quarter
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Sirius XM Taps Quickfilter Technologies' WideAudio
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In Brief - September 18, 2009
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Emerging Stock Report Initiates Independent Research Coverage on Sirius XM Radio Inc.
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Is Sirius XM Growing or Shrinking?
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DirectTV deal may save Sirius XM Radio from bankruptcy
News & Analysis
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radio and sirius - All News and Analysis
XM Founder Steps Down As Sirius XM Chairman
Sirius XM (NSDQ: SIRI) Chairman Gary Parsons is resigning from the company’s board; Parsons co-founded XM Satellite Radio, which merged with Sirius last summer. He led the company after the merger, along with Sirius XM CEO Mel Karmazin. Eddy Hardenstein, a Sirius XM director who is also the publisher...
Sirius XM Adds Subscribers; Expects A Better 2010
Sirius XM Radio (NSDQ: SIRI), which has taken a hit over the last year due to the fall in car sales, has a bullish outlook for 2010. In reporting its earnings Thursday, the satellite radio company said it expected its revenue to grow in the “mid- to high-single digits”...
Steven Cohen Abandons Sirius Radio Show Following Advertiser Boycott
Steven Cohen, the Fox Soccer Channel host axed from his show following an advertiser boycott urged by fans of Liverpool F.C., abandoned his Sirius XM radio show on Friday amid allegations of threats and censorship. by Jim Edwards
Sirius XM Offers $250 Million Of Debt To Pay Off Liberty
Sirius XM Radio (NSDQ: SIRI) is offering $250 million of debt, in order to pay off debt it owes Liberty Media (NSDQ: LINTA), which saved the satellite radio firm from bankruptcy in February by making a big investment in the company. It's the second time in two months that...
Earnings: Sirius XM Ups Guidance, Subscriber Losses Smaller Than Expected
Sirius XM (NSDQ: SIRI) managed to cut its losses during the quarter, as it benefited from savings due to the merger between Sirus and XM a year ago. Subscription acquisition costs per subscriber dropped 20 percent to $57 from $71. And the company managed to eek out an increase...
Sirius launches iPhone app
Satellite radio station Sirius is releasing its new iPhone and iPod app in a bid to diversify its income and increase its customer base. Sirius’ pay radio service has around 19m subscribers, with its biggest source of new users being...
Satellite Radio: Lots of In-Car Listeners, No Profits Yet
If satellite radio's wealth were measured in paying customers, it would be a rich company. Sirius XM Radio has almost 20 million subscribers in 2009, compared to less than a million that Sirius alone had in 2004 when it signed on Howard Stern (for an incredible $500 million over five years). In a...
4 Signs for Further Caution by Satellite Radio Investors - Goldman
Tyler Savery submits: There were two reports issued by analysts Thursday in response to the guidance issued by Sirius XM Radio SIRI. Analyst Kit Spring of Stifel noted that Sirius XM Radio’s guidance exceeds the Stifel model. This could be substantial in that there is at least some indication...
Analysts See Weak Auto Sales as Real Challenge for Sirius XM
Tyler Savery submits: Merrill Lynch analyst Jessica Reif Cohen issued a critical report on Sirius XM Radio SIRI Monday. The media analyst notes that auto sales for 2008 and even 2009 appear to be troubling for satellite radio as the OEM channel has been an integral part of the...
Tech Roundup: Tata Says Hello US, Arista Gets Heavy Hitters, Sirius XM Debt, More
States compete for India-based Tata U.S. outsource campus; Arista Networks gets major talent from Sun, Cisco, and Stanford; AT&T pays $900 million for the privilege of selling the iPhone; Motorola excells in that critical category of green Wi-Fi; and Sirius XM Radio faces serious financial situation. by Erik Sherman
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mel Karmazin | Chief Executive Officer |
| Mike Roberts | Vice President, Retail Distribution |
| Tom Steckbeck | Vice President, Special Markets |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gary M. Parsons | Chairman |
| Chester A. Huber Jr. | Board of Directors |
| Eddy W. Hartenstein | Board of Directors |
| Jack Shaw | Board of Directors |
| Joan C. Amble | Board of Directors |
| John Mendel | 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 |
|---|---|---|
| SIRIUS XM Radio Inc. | Vice President, Retail Distribution | Current |
| SIRIUS Satellite Radio Inc. | Vice President, Retail Distr | Former |
| Organization | Position | Status |
|---|---|---|
| SIRIUS XM Radio Inc. | Vice President, Special Markets | Current |
| Organization | Position | Status |
|---|---|---|
| Xm Widget | Chairman of The Board of Directors | Current |
| Bob Edwards Show | Chairman of The Board | Current |
| XM Satellite Radio Inc. | Chairman of The Board of Directors | Current |
| Open Road café | Chairman of The Board of Directors | Current |
| Raidio | Chairman of the Board of Directors | Current |
| Iradio Waves | Chairman of the Board of Directors | Current |
| SIRIUS XM Radio Inc. | Chairman | Current |
| Sorrento Networks, Inc. | Board of Directors | Current |
| XM Satellite Radio Holdings, Inc. | Chief Executive Officer | Former |
| Motient Corporation | Chief Executive Officer | Former |
| MCI Communications Corporation | President | Former |
| Motient Corporation | President | Former |
| WorldSpace, Inc. | Board of Directors | Current |
| Motient Corporation | Chairman of the Board of Directors | Former |
| Mobile Satellite Ventures LP | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| University of South Carolina | Masters of Business Administration | Former |
| Clemson University | Bachelor's Degree 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 |
| Organization | Position | Status |
|---|---|---|
| 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 |
| 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 |
|---|---|---|
| Honda North America Inc. | Executive Vice President, Automobile Operations | Current |
| American Honda Motor Co., Inc. | Executive Vice President | Current |
| Open Road café | Director | Current |
| Xm Widget | Member, Board of Directors | Current |
| Raidio | Member, Board of Directors | Current |
| Iradio Waves | Member, Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| Mazda North American Operations | Chief Operating Officer | Former |
| Mazda North American Operations | Executive Vice President | Former |
| XM Satellite Radio Inc. | Director | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
Executive News
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The Importance of Positive EBITDA to Sirius XM Shareholders
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Sirius XM 3Q loss narrows on smaller charges and higher revenue
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Sirius Makes Strides in 3rd Quarter
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This Week's 5 Smartest Stock Moves
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Sirius XM 3Q loss narrows as revenue rises
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Chartpoppers: Chartpoppers.com releases Consolidated Investment Analysis on Sirius XM Radio Inc. (NASDAQ:SIRI)
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Sirius XM Announces Q3 Revenue
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Sirius XM 3Q loss narrows as revenue rises
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UPDATE 3-Sirius loss narrows, sees growth as autos recover
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3 Answers from Sirius XM
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Sirius loss narrows, sees growth as autos recover
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SIRIUS XM (SIRI) Tops Q3 EPS by 2c, On Rise in Revenues
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SIRIUS XM Radio Reports Third Quarter 2009 Results
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SIRIUS XM Radio Reports Third Quarter 2009 Results - Net Subscriber Additions of Over 100,000- Pro Forma Total Revenue of $630 Million, Up 3%- Pr
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3 Questions for Sirius XM
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Google Searches for Another Winner
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When Should Sirius XM Implement a Reverse Split?
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