All Posts: sirius

Let the games begin.  Consider this interpretation of the fun happening in New York today....

Sirius XM satellite radio which is saddled with an enormous debt, at the same time their subscribing base keeps growing, is keeping an eye on Charles Ergen.  Ergen owns Dish Network and other communications companies and he has recently acquired $300 million in Sirius debt. That debt reportedly comes due nex...

Sirius/XM is slated to lose $325 million this year as Mel Karmizon goes through his overhead cutting to bring XM and Sirius together...Here is their press release...

NEW YORK, Sept. 9 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (NASDAQ:SIRI)today provided an update on the company's guidance, a detailedbreakdown of expected 2009 synergies, and an outline of the company'snew "Best of Both" programming options.

(Logo: http://www.ne...

WASHINGTON, DC -- Upon learning of the Federal Communications Commission's approval of the proposed monopoly-merger of XM and Sirius Satellite Radio by a 3-2 vote, NAB Executive Vice President Dennis Wharton issued the following statement:

"Today's vote certainly comes as a disappointment to NAB. We continue to believe that consumers are best served by competition rather than monopolies."

A demand by a federal agency that two companies agree to a race-based set aside as a condition to approval of their merger today drew a warning that the provision is unconstitutional from a western, nonprofit, public-interest law firm known for civil rights litigation. In a letter to the Federal Communications Commission (FCC), Mountain States Legal Foundation (MSLF) warned the agency that its ...