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Liberty Media Nears Sirius Rescue Deal

Company to get stake in Sirius in return for fending off Echostar

(Newser) - Sirius XM may have found its white knight just in time, the Financial Times reports. The deadline for the satellite radio firm to restructure its debt or file for bankruptcy protection is today, and Liberty Media is believed to be readying a last-minute rescue deal that would give it a... More »

Sirius Seeks White Knight

Facing massive debt and under siege by a rival, company turns to Liberty Media for help

(Newser) - With $175 million in debt due Tuesday and an unwanted takeover in the offing, Sirius XM Radio is hoping for help from Liberty Media, reports the Wall Street Journal. The satellite radio company is more than $3.25 billion in debt and nearly cashless, yet remains steadfast in its efforts... More »

Stern: Satellite Radio 'Will Survive'

Sirius reportedly planning to file for bankruptcy

(Newser) - Despite reports that Sirius XM radio plans to file for bankruptcy, Howard Stern says the format is headed in the right direction and will survive, Reuters reports. “Everybody's wondering about this whole bankruptcy thing with Sirius,” he said on his radio show. “I'm not concerned. I think... More »

TiVo Wins Patent Suit on Appeal

Court decides that DVRs violated 'time-shifting' patent

(Newser) - TiVo's share price soared after an appeals court ruled that EchoStar Holding and Dish Network had been illegally using TiVo's "time-warp" recording software, the Wall Street Journal reports. TiVo has been trying to expand its business beyond set-top box making and into licensing its technology, which lets users pause,... More »

Dish Network Parent Buys Slingbox

EchoStar will own brand that puts TV on your PC

(Newser) - EchoStar Communications, owner of the Dish Network, has agreed to acquire the maker of the Slingbox for $380 million. The satellite TV provider should close on the deal to buy Sling Media by year’s end, the AP reports. The Slingbox allows any Internet-connected computer to receive standard TV signals. More »

5 Stories