BNET Industries
Sirius Satellite Radio Inc. (SIRI) is in the Media Industry
- Revenue
- Dec 31 2007
- $922.0M
- Profit
- Dec 31 2007
- ($565.2M)
- Market Cap
- Aug 04 2008
- $2.0B
Latest News and Analysis
@ Media & Money: Sirius XM's Karmazin: Managing Debt, Stronger Balance Sheet?All In The Future
With over $2 billion in debt, the unified satellite radio company Sirius (NSDQ: SIRI) XM (NSDQ: XMSR) already had plenty of challenges before the credit markets tightened up these past few weeks. But CEO Mel Karmazin tried to steer things into the bright future instead of the darkening present....
Howard Stern's Switch To Satellite Radio Made Him Lots Of Money?And May Be Costing Him Influence
Howard Stern stands to make hundreds of millions of dollars through his move to Sirius (NSDQ: SIRI) from *CBS* Radio but what has he lost? Millions of listeners—and with them, relevance and influence, contends the LA Times. The exploits and the FCC battles that made him famous and kept...
Sirius XM Tries To Show Merger Proof Is In The Pudding; Adds A La Carte, Other Options As Promised
So what happens to all that expensive and unique programming Sirius (NSDQ: SIRI) and XM (NSDQ: XMSR) amassed during the highly competitive pre-merger days? The companies promised the merged Sirius XM would offer subscribers choice of content, ways to combine the two and access via existing satellite radios. Today,...
Media Moguls: Now's Not Looking Good For Big Deals?And That Includes NBC
Not that this will shock anyone, but with Wall St. falling off the high wire, this is unlikely to be a a period of big time dealmaking. Speaking at a breakfast sponsored by Portfolio, media bigs Mel Karmazin, Jeff Zucker and Steve Rattner Quadrangle, agreed that a slow period...
Sirius XM's Long Road
Gino Lattarulo submits: For all the discouraged, disillusioned and frustrated common stock holders of Sirius XM SIRI who are now wringing their hands with worry wondering what happens from here, well, it is really anyone's guess. And I'm guessing with you. After the sale of discounted shares at $1.50 the...
Statement of the Department of Justice Antitrust Division on its Decision to Close its Investigation of XM Satellite Radio Holdings Inc.s Merger With Sirius Satellite Radio Inc.
To: RADIO-TELEVISION EDITORS To: RADIO-TELEVISION EDITORS
Leaders of Second District AME Church Join the Call for Prompt FCC Approval of Sirius Satellite Radio and XM Radio Merger
To: RELIGION EDITORSTo: RELIGION EDITORS
XM Satellite Radio and SIRIUS Satellite Radio Highlight Broad-Based Support for Merger
To: POLITICAL EDITORSTo: POLITICAL EDITORS
Prominent Latino Groups Urge Federal Communications Commission (FCC) to Grant Speedy Approval of the Merger of Sirius Satellite Radio and XM Radio
To: POLITICAL EDITORSTo: POLITICAL EDITORS
Mr. Karmazin Goes To Washington.(Mel Karmazin, Sirius Satellite Radio)(Brief article)
By Staff Oppenheimer & Co. media analyst Tom Eagan maintained his "buy" rating on XM Satellite Radio and Sirius Satellite Radio, citing in a research report that he believes the proposed $13 billion merger between the two will p ...
Mel's Urge To Merge.(Mel Karmazin, Sirius Satellite Radio Inc. and XM Satellite Radio Inc.)
By J. Max Robins Frankly, I still think satellite radio is a long shot, even if the government grants its blessing to the proposed union between the medium's chief competitors, Sirius and XM. But if anyone can make it work, it's...
XM-Sirius Merger? NAB Won't Hear of It.(Sirius Satellite Radio Inc., XM Satellite Radio Inc. and National Association of Broadcasters)
By David Rehr I want to commend members of the Antitrust Task Force for exploring the issues surrounding a government-sanctioned monopoly. I would like to make five points: 1. The national satellite-radio market currently is a...
Through the Wire.(a2bTV.com offers DirecTV over internet through Slingbox device)(Virgin Media Group's deal with British Sky Broadcasting Group expires)(National Association of Broadcasters lobbies against Sirius Satellite Radio and XM Satellite Radio Hol
By Todd Spangler, Kent Gibbons, Linda Haugsted and Ted Hearn Web Slingers Run Afoul of DirecTV Todd Spangler, Kent Gibbons, Linda Haugsted, Ted Hearn Here's the pitch from a2bTV.com: For $99 per...
Volume Control.(merger of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.)
By Staff Voices From Everywhere On Satellite Radio Merger The Last DJ "The reason these two companies have 13 million subscribers willing to cough up $12.95 a month for something we...
Stick to the Rule, Satellite Radio.(merger of Sirius Satellite Radio Inc. and XM Satellite Radio Inc.)(Editorial)
By Kent Gibbons, Executive Editor By Kent Gibbons, Executive Editor
XM and Sirius: Happy Together.(XM Satellite Radio Inc., Sirius Satellite Radio Inc.)
By Mike Farrell But Regulators Are Likely to Keep Them Apart After months of speculation, XM Satellite Radio and Sirius Satellite Radio finally pulled the trigger on a long-expected plan to merge -- a proposal that...
Static Over Martin"s Satellite Radio Talk.(share prices of Sirius Satellite Radio and XM Satellite Radio plunge)
By Mike Farrell Stocks Hit by FCC Chair's Remark On Merger Bid Shares in Sirius Satellite Radio and XM Satellite Radio plunged last Wednesday, after Federal Communications Commission chairman Kevin Martin appeared to quash growing specul...
Sirius tops 3m mark ahead of Stern shift.(Sirius Satellite Radio Inc., XM Satellite Radio Holdings Inc., Howard Stern)(Brief Article)
NEW YORK -- Sirius Satellite Radio Inc. broke the 3 million subscriber milestone early, on Dec. 27, as fans of shock jock Howard Stern apparently were buying in anticipation of his move to the ... NEW YORK -- Sirius Satellite Radio Inc. broke the...
Schaeffer's Midday Options Update Features Sirius Satellite Radio, XM Satellite Radio Holdings, Albertson's, Adobe Systems, and J.P. Morgan Chase
CINCINNATI -- Today's Schaeffer's Midday Options Update features Sirius Satellite Radio (NASDAQ:SIRI), XM Satellite Radio Holdings (NASDAQ:XMSR), Albertson's (NYSE:ABS), Adobe Systems (NASDAQ:ADBE), and J.P. Morgan Chase (NYSE:JPM). The Midday Options Update contains a brief commentary on the day's most notable activity and a table listing the most-active calls and puts...
Satellite radio ready to soar.(XM Satellite Radio Holdings Inc)(Sirius Satellite Radio Inc)(Thomas Eagan)(Brief Article)
Oppenheimer & Co. cable and satellite analyst Thomas Eagan initiated coverage of the satellite-radio sector, slapping "buy" ratings on both Sirius Satellite Radio inc. and XM Satellite Radio Holdings Inc., adding that exclusive conten Oppenheimer & Co. cable and satellite analyst Thomas Eagan ...
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- Incorporated: 1990
- CEO: Mr. Mel Karmazin
- Employees: 973
Sirius Satellite Radio is a satellite radio provider in the U.S. Co. provides its programming over multiple platforms in addition to its satellite and terrestrial repeater network. As of Dec 31 2007, Co. provides over 130 channels to its subscribers-69 channels of 100.0% commercial-free music and 65 channels of sports, news, talk, entertainment, traffic, weather and data. Most of Co.'s subscribers receive its service through SIRIUS radios, which are sold through its website and by automakers, consumer electronics retailers and mobile audio dealers. As of Dec 31 2007, Co. had approximately 8.3 million subscribers.
Key Competitors
Sirius Satellite Radio Inc. Company Info
Board of Directors
Mr. Joseph P. Clayton
Chairman
Mr. Leon D. Black
Mr. Lawrence F. Gilberti
Mr. James P. Holden
Mr. Mel Karmazin
Mr. Warren N. Lieberfarb
Mr. Michael J. McGuiness
Mr. James F. Mooney
Contact Information
1221 Avenue of the Americas
36th Floor
New York, NY
212 584-5100
NAICS Code
Radio Networks: 515111
