Sirius XM gets $530M from Liberty Media
After Sirius XM prepared itself for bankruptcy, Liberty Media stepped in and invested $530 million into the company for 40% ownership in the company. Sirius XM was on the verge of filing for chapter... More...
After Sirius XM prepared itself for bankruptcy, Liberty Media stepped in and invested $530 million into the company for 40% ownership in the company. Sirius XM was on the verge of filing for chapter... More...
The recently merged company between Sirius Satellite Radio, and XM Satellite Radio, have merged into Sirius XM, but along with the merge, came a massive debt that neither company was able to cover. The... More...
Sirius Satellite Radio today announced that it ended 2007 with 8,321,785 subscribers, up from the company's 2006 ending subscriber base of 6,024,555. During 2007, SIRIUS added approximately 2.3 million net subscriber additions. "Sirius' subscriber base... More...
Sirius Satellite Radio plans to broadcast 13 exclusive live concerts from across the United States on New Year's Eve 2008. Artists will include Velvet Revolver, 3 Doors Down, Patti Smith, The English Beat, Chubby Checker... More...
Sirius Satellite Radio Incorporated CEO Mel Karmazin noted he was just as disappointed as other investors in Sirius' lagging stock price but compared to rival XM, he said: "We suck less." Sirius' stock has fallen... More...
A Senate committee chairman said Sirius Satellite Radio Incorporated has "a steep hill to climb" in showing that its proposed purchase of XM Satellite Radio Holdings Incorporated will not hurt competition in the audio entertainment... More...
Sirius and XM are under fire from various industry organizations and the public in general for their upcoming merger. Earlier last month, the two companies agreed to merge in a $13 billion deal that would... More...
Despite previous reports concerning the FCC denying XM and Sirius a chance to merge, the two U.S. satellite radio providers have announced that a merger would indeed take place in a stock-for-stock deal. The two... More...