24/7 Wall St. (Free subscription) | 4 hours ago
Sirius XM (SIRI) CEO Mel Karmazin say he can get his long-term debt refinanced. According to Reuters, "Sirius XM faces some $1.1 billion in debt in 2009. Of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Orbitcast (Free subscription) | 5 hours ago
Sirius XM Radio is broadcasting today live from the campus of Hofstra University, the site of the final US Presidential debate.The event will be headlined by a post-debate simulcast of political channels Sirius Patriot (ch 144) and Sirius Left (ch 146), where hosts Andrew Wilkow and Alex Bennett will preside over a post-debate 'town hall' discussion with Hofstra students. The one-hour...
Seeking Alpha (Free subscription) | yesterday
Brandon Matthews submits: I decided to buy more shares of Sirius XM (SIRI) Monday. Am I concerned about the long-term debt of the company? Of course I am. I had reduced my position considerably, and have given it a lot of thought. As a person who dedicates most of his free time to following Sirius, the news of satellite radio is my business. One story in particular has been released...
about-electronics.eu (Free subscription) | 21 hours ago
Orbitcast: A little birdy has tipped Orbitcast with leaked photos of the upcoming Sirius SUB-X2 Boombox for Dock & Play radios. According to our tipster, the new Sirius Boombox will be... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Seeking Alpha (Free subscription) | yesterday
Tyler Savery submits: Sirius XM Radio (SIRI) CEO Mel Karmazin spoke at the Media and Money Conference Tuesday, and while there was no “big” news, he did express confidence in the company going forward. With everyone focused on the negative aspects of the markets, Karmazin addressed the biggest perceived weights on Sirius XM Radio and pointed out that the company still has a very viable...
Engadget (Free subscription) | yesterday
Filed under: Home Entertainment , Portable Audio Pardon us while we shed a tear of sentimental joy, but we honestly never thought we'd see a proper successor to the now-dated SUBX1 Universal Sirius Boombox . Lo and behold, the predictably named SUBX2 has surfaced, and while the design isn't anything to write home about, we suspect it'll get the job done in crunch time. Little is known outside...
Paidcontent (Free subscription) | yesterday
With over $2 billion in debt, the merged satellite radio company Sirius XM 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. In a Q&A with Mediaweek's Katy Bachman at the Dow Jones/Nielsen Media and Money Conference in New York, Karmazin pleaded for...
Fool.com (Free subscription) | 3 hours ago
With losses mounting despite the subscriber gains, the newsletter recommended that subscribers sell the stock 13 months later at $14.85. It was a brutal loss, but the bearish turn served readers well. With XM shares being exchanged for 4.6 shares of Sirius this summer, it now values XM at $2.21 a share, given last night's close of $0.48 a share for the merged company. In other words, the stock...
Orbitcast (Free subscription) | 9 hours ago
Reports are coming in that Sirius XM Radio Inc. is laying off approximately 80 staffers, a number that is a bit higher than previously reported, but one that sounds "pretty solid" a D.C. source tells Radio-Info.The immediate impact will be felt on the redundant staffers at the music channels, according to the industry website. "It looks like Mel's concentrating on the talk formats, which are...
Gizmodo (Free subscription) | yesterday
For those of you aspiring to be the next Satellite Radio Raheem, here's a few newly leaked photos of the upcoming Sirius SUB-X2 Boombox. Much like the current SUB-X1, the new music player will sport...
übergizmo (Free subscription) | yesterday
Quell your curiosity on what the Sirius SUB-X2 boombox looks like with this leaked image above - it clearly resembles the SUB-X1 boombox, front-panel headphone jack, auxiliary input and all, but do expect certain audio refinements to come with the successor. There is no information concerning the features on the Sirius SUB-X2 boombox, but chances are it should retail for approximately...
Cnet (Free subscription) | yesterday
Many on Wall Street have already given up on the costly business of satellite radio. But as head of the newly merged Sirius XM, Mel Karmazin says that the company is on the right track.
Cnet (Free subscription) | yesterday
Many on Wall Street have already given up on the costly business of satellite radio. But as head of the newly merged Sirius XM, Mel Karmazin says that the company is on the right track.
SlashGear (Free subscription) | yesterday
If you’re anxiously awaiting the arrival of the Sirius Sub-X2 Boombox, you’re going to have to wait a bit longer. But to further whet your appetite, a few new photos of the device have leaked out today. The SUB-X2 will be very much like the SUB-X1 model. It will feature a headphone jack on the front of the device, along with an auxiliary input. This will make it so you can plug in your MP3...
Orbitcast (Free subscription) | 21 hours ago
At least 50 staffers were reportedly laid off ahead of schedule at Sirius XM Radio Inc. today, accelerating the company's termination plans due to leaked information. According to Radio & Records, the mayhem began yesterday, when an employee accessed the internal Ultipro payroll site and was surprised to find a termination date of October 15th next to their name. Within moments fellow staffers...
