BNET Industries
XM Satellite Radio Inc. (XMSR) is in the Media Industry
- Revenue
- Dec 31 2007
- $1.1B
- Profit
- Dec 31 2007
- ($682.3M)
- Market Cap
- Jul 28 2008
- $2.6B
Latest News and Analysis
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...
NBA to Air Live Nationwide on SIRIUS XM Radio
XM Delivers More Than 1000 Live Regular Season Games, Plus Every Game of The NBA Playoffs and The Finals Games Will Be Available On SIRIUS With "Best Of XM" Programming Option NBA Season Tips Off October 28 NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- The National Basketball...
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
Hall of Famer John Riggins Returns to SIRIUS NFL Radio
Redskins great will host "The SIRIUS Blitz" exclusively on SIRIUS' 24-hour NFL talk channel NEW YORK, Sept. 25 /PRNewswire-FirstCall/ -- SIRIUS XM Radio , the Official Satellite Radio Partner of the NFL, announced today that Hall of Fame NFL running back John Riggins, who hosted a daily show...
Lou Beres & Associates Launches Campaign for New Client ReachMD
Work introduces unique XM radio station for doctors CHICAGO -- ReachMD is the first and only radio station developed by medical professionals for medical professionals. Established to help time-constrained health care providers stay informed and educated on the latest research and treatment protocols, ReachMD delivers innovative radio programming 24/7...
Final approval given to merger of US satellite radio firms
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
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
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
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
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
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
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...
US clears merger of satellite radio firms Sirius, XM
WASHINGTON AFP — The US Justice Department gave approval to a planned merger of US satellite radio groups Sirius and XM, saying the tie-up is unlikely to harm consumers or lessen competition. The deal still needs approval from the Federal Communications Commission, which manages broadcast licenses. Although the...
Georgetown Partners Tells FCC That Sirius-XM "A La Carte" Proposal is a Fairytale Providing No Public Interest Benefit
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...
Expert Antitrust Report Finds that XM-Sirius Fail to Prove That Terrestrial Radio, Other Devices Constrain the Price of Satellite Radio
To: RADIO-TELEVISION EDITORSTo: RADIO-TELEVISION EDITORS
Mel Swings Back at NAB (Broadcasting and Cable)
FCC Chairman Kevin Martin captured broadcasters' attention last week saying that he was pleased that satellite radio companies Sirius and XM had agreed to offer their programming a la carte--if the merger is approved. But he conceded that there's still a high hurdle for the...
A merger of XM, Sirius offers channel choices
WASHINGTON -- The top executives at the nation's two satellite radio companies detailed pricing plans Monday that they said would let customers choose which channels they want to receive if the two firms are combined. Sirius Satellite Radio Inc. announced last February that it would acquire XM Satellite...
XM Announces Becoming the Exclusive Satellite Radio Carrier of NHL.
M2 PRESSWIRE-28 June 2007-Headline Maker: XM Announces Becoming the Exclusive Satellite Radio Carrier of NHLC1994-2007 M2 COMMUNICATIONS LTD RDATE:28062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the...
SIRIUS/XM Merger is Not EchoStar/DirecTV According to League of Rural Voters.
M2 PRESSWIRE-22 June 2007-Headline Maker: SIRIUS/XM Merger is Not EchoStar/DirecTV According to League of Rural VotersC1994-2007 M2 COMMUNICATIONS LTD RDATE:22062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of...
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- Incorporated: 1992
XM Satellite Radio Holdings is a satellite radio service company, providing music, news, talk, information, entertainment and sports programming for reception by vehicle, home and portable radios nationwide and over the Internet to 9.1 million subscribers at Dec 31 2007 with a lineup of 170 channels, featuring commercial-free music and live radio entertainment channels; news, talk, information, and entertainment channels; sports channels; and local traffic and weather channels. Co.'s commercial-free music channels include the genres Decades, Country, Pop & Hits, Christian, Rock, Hip-Hop/Urban, Jazz & Blues, Lifestyle, Dance, Latin, World and Classical.
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XM Satellite Radio Inc. Company Info
Board of Directors
Mr. Gary M. Parsons
Chairman
Mr. Chester A. Huber Jr.
Mr. Nathaniel A. Davis
Mr. Joan L. Amble
Mr. Thomas J. Donohue
Mr. Eddy W. Hartenstein
Mr. John W. Mendel
Mr. Jarl Mohn
Mr. Jack Shaw
Mr. Jeffrey D. Zients
Contact Information
1500 Eckington Place NE
Suite 57
Washington, DC
202 380-4000