Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Under Pressure, Sirius XM Tries to Look Ahead

Merged company works to develop subscribers, refinance debt

By Jim O'Neill,  Newser User

Posted Sep 15, 2008 11:45 AM CDT

(Newser) – Satellite radio’s fortunes—thought to be peaking after Sirius and XM merged in July—are falling as the united company’s stock continues to tumble and management scrambles to refinance debt, reports the Wall Street Journal. Still, CEO Mel Karmazin says, the company is...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Liberty Media Nears Sirius Rescue Deal

FCC Approves Satellite Radio Merger

Satellite Merger Clears Hurdle

Sirius, XM Stocks Rise as Merger Looms

Sirius, XM Union May Have Listeners Singing the Blues


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment