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
Who'll Blink First: Sirius, Loral or the Banks?
Tyler Savery submits: Conspiracy theorists will love this article. There are many who feel that Sirius XM Radio SIRI stock is heavily manipulated. In many ways, it is hard to argue against that stance. However, like many things in life, it is hard to find the smoking gun, and...
Earnings: Sirius XM Loss Balloons On $4.8 Billion Impairment Charge; Revs Grow 16 Percent
The newly merged Sirius XM satellite radio company took a big swallow of bitter medicine in Q3, reporting a loss of $4.88 billion ($1.93 per share) versus last year's loss of $119.6 million ($0.08 per share) when it was solely Sirius (NSDQ: SIRI). The loss was on an impairment...
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...
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...
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 Welcome NAACP Support for Satellite Radio Merger
To: RADIO-TELEVISION EDITORSTo: RADIO-TELEVISION EDITORS
NCWO Calls on the Federal Communications Commission to Approve the Merger of Sirius Satellite Radio and XM Radio.
M2 PRESSWIRE-22 June 2007-Headline Maker: NCWO Calls on the Federal Communications Commission to Approve the Merger of Sirius Satellite Radio and XM RadioC1994-2007 M2 COMMUNICATIONS LTD RDATE:22062007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors...
SIRIUS Satellite Radio (Nasdaq: SIRI) and XM Satellite Radio (Nasdaq: XMSR).
M2 PRESSWIRE-15 June 2007-Stockwire.com: SIRIUS Satellite Radio (Nasdaq: SIRI) and XM Satellite Radio (Nasdaq: XMSR).C1994-2007 M2 COMMUNICATIONS LTD RDATE:15062007 Have you ever watched a STOCKUMENTARY? Click the following link to view your first ever full length STOCKUMENTARY: http://www.stockwire.comThomas Hazlett, the...
FCC seeks comment on XM-Sirius radio merger
WASHINGTON -- After 3 1/2 months of industry lobbying, congressional hearings and intensive Wall Street analysis, the public will have a chance to weigh in on whether it thinks the proposed merger of the nation's only two satellite radio companies is a good idea. The Federal Communications Commission...
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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
NAICS Code
Radio Broadcasting: 51511
