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FCC — Commission Approves Transaction Between Sirius Satellite Radio Holdings Inc. and XM Satellite Radio Holdings, Inc. Subject to Conditions

Commission Approves Transaction Between Sirius Satellite Radio Holdings Inc. and XM Satellite Radio Holdings, Inc. Subject to Conditions (PDF; 168 KB) Source: Federal Communications Commission On July25, 2008, the Commission voted to approve the application of Sirius Satellite Radio Inc. (“Sirius”) and XM Satellite Radio Holdings Inc. (“XM”; jointly, the “Applicants”)...

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Live Blogging the Sirius XM Radio Inc. Earnings Call

Orbitcast will be live blogging the Sirius-XM Radio conference call today which will be discussing the standalone results for Sirius Satellite Radio Inc. I'll be posting updates as fast as I can, so keep refreshing the site for the updates. Currently on hold. Trying to place the name of the song... Ok, we a go now. Turning over to Paul Blalock. "Welcome to our first post merger Sirius...

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Time to get Sirius

As the purchase of XM Satellite Radio by larger rival Sirius Satellite Radio Inc. closed Tuesday, questions remained over whether the combined company can handle its $3.4 billion in debt - including $1.1 billion due next year.

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FCC approves XM-Sirius satellite radio merger (AP)

AP - Sirius Satellite Radio Inc.’s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry. Read the full story

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FCC approves XM-Sirius satellite radio merger

WASHINGTON (AP) — Sirius Satellite Radio Inc.’s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry….

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FCC approves XM-Sirius satellite radio merger

Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.

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FCC approves XM-Sirius satellite radio merger

Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.

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FCC approves XM-Sirius satellite radio merger

Sirius Satellite Radio Inc.’s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry. Federal regulators formally approved the merger of the nation’s only two satellite radio operators Friday. “I think [...]

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SIRIUS Satellite Radio Announces Pricing of Equity Offerings

NEW YORK, July 29 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio Inc. (Nasdaq: ) -- announced today the pricing of the previously announced offering of shares of its common stock. A total of 262,399,983 shares of common stock are being offered, which shares will be lent by SIRIUS to affiliates of Morgan Stanley & Co. Incorporated and UBS Investment Bank, the share borrowers, pursuant...

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SIRIUS Satellite Radio Announces Equity Offerings and Related Share Borrow Facility

Shares to facilitate hedging for XM Exchangeable Note Offering Shares will not be considered outstanding for accounting purposes NEW YORK, July 28 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio Inc. (Nasdaq: ) announced today the commencement of an offering of shares of its common stock. The common stock being offered represent shares of SIRIUS common stock that SIRIUS will be lending...

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XM Satellite Radio, Sirius Satellite Radio agree to pay $19M in fines

In what could be the final hurdle ahead of Federal Communications Commission approval of their merger, XM Satellite Radio Inc. and Sirius Satellite Radio Inc. have agreed to settle a compliance issue with federal regulators. (XMSR) (XMSR)

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More Sirius XM executives announced

More executives have been announced for Sirius XM Radio Inc., only this time the team is coming solely from the former Sirius Satellite Radio Inc.In prior executive moves, we saw the majority coming from Sirius, with a handful from XM being sprinkled in for flavor. In this announcement, they all come from Sirius.The three executive promotions are:Martin Lee (Senior VP of Marketing)Patrick...

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Orbitcast Interview with Sirius XM CEO Mel Karmazin (Part 1)

When Mel Karmazin came on board as CEO of Sirius Satellite Radio Inc. in November 2004, the company had about 700,000 subscribers. Today, after a grueling 18 month merger process and relentless opposition from broadcasters, Karmazin finally finds himself heading a newly minted Sirius XM Radio Inc. I recently had the opportunity to interview Karmazin, who just this past Sunday celebrated...

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Sirius losses narrow as a stand alone company

Sirius XM Radio said that the standalone Sirius Satellite Radio Inc. unit posted a narrower quarterly net loss for Q208, beating Wall Street expectations by a penny. Revenue increased 25% to $283.0 million, total subscribers grew in excess of 8.9 million and the adjusted loss from operations saw a 70% decrease. Sirius lost $84 million, or 6 cents a share, compared with the loss of $134...

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Insider Buying: Mel Karmazin of SIRIUS (SIRI)

Mel Karmazin, CEO of Sirius Satellite Radio Inc. (NASDAQ: SIRI), has added to his position of company stock. In a show of force to show that he doesn't want... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]