BNET Industries

Last Fiscal Year Sales:$1.6B
- Private
Dow Jones Description
Sirius Satellite Radio and XM Satellite Radio completed their merger in July 2008 and is now called Sirius XM Radio Inc.
Board of Directors
Leon D. BlackContact Information
Peer Companies
NAICS Code Radio Networks: 515111
Recent Events
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Inside Sirius Institutional Ownership
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Making mergers work
News & Analysis
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sirius satellite radio inc. - All News and Analysis
Barrington Raises Sirius XM Price Target on Q3 Report
Brandon Matthews submits: By Brandon Matthews In a report issued Monday by Barrington Research Associates, Senior Investment Analyst Jim Goss maintained his OUTPERFORM rating on Sirius XM Radio SIRI while upgrading his 2010 and 2011 price targets following the company’s third quarter earnings report. by Satwaves
The Importance of Positive EBITDA to Sirius XM Shareholders
Brandon Matthews submits: By Brandon Matthews For most of the past year, investors in Sirius XM Radio SIRI have been forced to become a bit more sophisticated. Until recently, Sirius XM was truly a speculative stock play. Battle lines were drawn between people who bought shares of the company...
Sirius XM Should See a Return to Subscriber Growth - Barrington Research
Brandon Matthews submits: By Brandon Matthews In an exclusive Satwaves Radio interview, Senior Investment Analyst Jim Goss of Barrington Research Associates offered listeners his perspective of Sirius XM Radio SIRI and its growth potential. by Satwaves
Sirius XM: Not Completely Out of the Woods Yet
VFC submits: Shares of Sirius XM SIRI satellite radio responded positively to news that losses narrowed and revenues increased during the third quarter of 2009. Aside from one time charges, the company reported cash flow break even.While I am confident in the ability of Sirius XM to continue demonstrating...
October Auto Sales Look Positive for Sirius XM
Brandon Matthews submits: By Brandon Matthews In an exclusive Satwaves Radio interview last week with Senior Analyst Jessica Caldwell of Edmunds.com, Miss Caldwell predicted October auto sales of just over 800,000 units. The results are in, and the the total number of new cars and light trucks sold for...
Sirius XM Q3 Earnings Preview: Unknowns Abound
Brandon Matthews submits: by David “Newman” Phillips Sirius XM SIRI is set to report its Q3 numbers on Thursday November 5th. Of course, Satwaves will once again be providing live blogging coverage of the event using the CoverItLive Platform. I felt it would be prudent to let our readers...
Wall Street Takes a 'Wait and See' Attitude Towards Sirius XM
Brandon Matthews submits: By Brandon Matthews As Sirius XM Radio SIRI prepares for its Q3 2009 conference call, most are looking to basic metrics of earnings per share, EBITDA, subscriber acquisition or loss, subscriber churn and acquisition costs. These are typical metrics that have the potential of moving the...
Blackberry Finally Gets Sirius
Brandon Matthews submits: By Brandon Matthews Blackberry RIMM users and Satellite Radio fans may have reason to rejoice in the coming weeks. Several days ago, a reader forwarded me a press release that indicates that the new flagship Blackberry Bold 9700 will deliver Sirius Satellite Radio SIRI, which until...
Sirius XM: There?s an App for That
Brandon Matthews submits: By Brandon Matthews The XM SkyDock has begun to receive the accolades that I have been reporting would come. Rave reviews of the revolutionary new satellite radio offering are beginning to pour in, as more and more Apple AAPL iPhone and iPod Touch owners are coming...
Sirius Earnings Preview: The Worst Is Over
Brandon Matthews submits: By Brandon Matthews Sirius XM Radio SIRI has announced that the company will report third quarter 2009 earnings on November 5, 2009, and of course Satwaves will cover the event live beginning at 6 am EST on that day. With Tuesday’s announcement, I will...
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Leon D. Black | Board of Directors |
In 1990 Leon Black founded Apollo Management, L.P. a global alternative asset manager, with a proven track record of successful private equity, distressed debt and mezzanine investing. The firm manages investment capital on behalf of a group of institutional investors and has approximately $27 billion in assets under management. From 1977 to 1990 Mr. Black worked at Drexel Burnham Lambert Incorporated where he served as Managing Director, head of the Mergers & Acquisitions Group, and co-head of the Corporate Finance Department. He serves on the boards of directors of Sirius Satellite Radio Inc., and the general partner of AP Alternative Assets. Mr. Black is a trustee of Dartmouth College, The Musuem of Modern Art, Mt. Sinai Hospital, The Metropolitan Musuem of Art, Prep for Prep, and The Asia Society. He is also a member of The Council on Foreign Relations, The Partnership for New York City and the National Advisory Board of JPMorgan Chase. Mr. Black is also a member of the Board of Faster Cures and the Port Authority Task Force. He graduated summa cum laude from Dartmouth College in 1973 with a major in Philosophy and History and received an MBA from Harvard Business School in 1975.
| Organization | Position | Status |
|---|---|---|
| Apollo Management L.P. | Founding Partner | Current |
| Open Road café | Director | Current |
| JPMorgan Chase & Co. | National Advisory Board | Current |
| Asia Society | Board of Trustees | Current |
| Prep for Prep | Board of Trustees | Current |
| Fastercures | Board of Directors | Current |
| Wyndham International | Board of Directors | Current |
| Lincoln Center | Board of Trustees | Current |
| The Metropolitan Museum of Art | Board of Trustees | Current |
| SIRIUS Satellite Radio Inc. | Board of Directors | Current |
| United Rentals, Inc. | Board of Directors | Current |
| Vail Resorts, Inc. | Board of Trustees | Current |
| The Mount Sinai Hospital | Board of Trustees | Current |
| The Museum of Modern Art | Board of Trustees | Current |
| Partnership for New York City, Inc | Member | Current |
| Council on Foreign Relations | Member | Current |
| Drexel Burnham Lambert Inc. | Managing Director, Mergers & Acquisitions | Former |
| AREA Property Partners | Co-Founder | Former |
| Drexel Burnham Lambert Inc. | Co-Head, Corporate Finance | Former |
| Dartmouth College | Graduate, Philosophy & History | Former |
| Nalco Holding Company | Board of Directors | Former |
| Dartmouth College | Board of Trustees | Former |
| AMC Entertainment, Inc. | Board of Directors | Former |
| Samsonite Corporation | Board of Directors | Former |
| Sequa Corporation | Board of Directors | Former |
| Harvard Business School | M.B.A. | Former |
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