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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Sirius XM

Sirius XM stories: 10 news summaries

 Firms Refuse to 
 Cut Service to Stolen 
 Kindles, iPhones 

Product producers often know who stole a device, but won't say

Sep 7, 09 8:50 AM CDT
(Newser) - Digital gadget manufacturers may know who stole your cell phone, satellite radio or ebook reader, because they're often registered and used by the thief. But good luck getting tech companies to share that information, or even to shut off service to the device, reports the New York Times. Angry consumers... More »

MORE ABOUT:
iPhone • Kindle • AT&T • Amazon • Sirius XM

Rosie Radio
Hits Satellite
This Fall

Sirius XM adds O'Donnell to celebrity lineup despite slump

Jun 25, 09 2:39 PM CDT
(Newser) - Rosie O’Donnell has signed on for a radio talk show on Sirius XM, joining the likes of Oprah, Martha Stewart, and Howard Stern this fall. She’ll interview celebrity guests, take calls, and blend pop culture with serious topics, the company says. Rosie Radio indicates the flagging satellite conglomerate’... More »

MORE ABOUT:
entertainment • satellite radio • Rosie O'Donnell • Oprah Winfrey • Martha Stewart • talk show • Howard Stern • Sirius XM

 Liberty Media Nears 
 Sirius Rescue Deal 

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

Feb 17, 09 4:21 AM CST
(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 »

MORE ABOUT:
satellite radio • Sirius • bankruptcy • mergers and acquisitions • EchoStar • Liberty Media • Sirius XM

Sirius Creditors Ready
to Go After CEO

If company files for bankruptcy, they could ask judge to remove him

Feb 16, 09 10:54 AM CST
(Newser) - Sirius XM Radio's creditors want the company to make a deal with an investor rather than file for bankruptcy, and they're prepared to go after CEO Mel Karmazin's job if things don't go their way, the Wall Street Journal reports. "The board of directors should carefully consider the ramifications"... More »

MORE ABOUT:
Mel Karmazin • satellite radio • investors • bankruptcy • debt • Sirius XM • creditor

 Sirius Seeks White Knight 

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

Feb 12, 09 9:59 AM CST
(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 »

MORE ABOUT:
DirecTV • Sirius • Dish Network • EchoStar • John Malone • Liberty Media • Sirius XM • Charles Ergen

 Stern: Satellite 
 Radio 'Will Survive' 

Sirius reportedly planning to file for bankruptcy

Feb 12, 09 8:00 AM CST
(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 »

MORE ABOUT:
satellite radio • bankruptcy • EchoStar • Howard Stern • Sirius XM

OPINION

 Satellite Radio Is Doomed 

Auto downturn looks likely to kill Sirius and the satellite radio biz

Feb 11, 09 2:40 AM CST
(Newser) - The country’s only satellite radio company is close to filing for bankruptcy, and columnist Mike Elgan is having an “I told you so” moment. Before Christmas Elgan predicted in ComputerWorld that Sirius XM wouldn’t survive the recession, given its shaky financial status—and the downturn now looks... More »

MORE ABOUT:
radio • satellite radio • Sirius • bankruptcy • Chapter 11 • Sirius XM

(Newser) - Sirius XM is preparing to file for bankruptcy this week, the New York Times reports. The satellite radio company, which has more than $5 billion in assets and a stable of personalities such as Howard Stern, is working with financial advisers to prepare the Chapter 11 filing. The development could... More »

MORE ABOUT:
satellite radio • bankruptcy • Dish Network • Chapter 11 • Sirius XM • Charles Ergen

Stern Goes from Serious Player to Sirius Backwater

'King of All Media' gloss wears off with shock jock's move to satellite radio

Oct 13, 08 12:19 PM CDT
(Newser) - Howard Stern, once the self-glossed “King of All Media,” has lost much of his audience and prestige in his much-ballyhooed move to satellite radio, the Los Angeles Times reports. Analysts estimate that Stern, who once boasted 12 million daily listeners, attracts only about 1-2 million on the subscription... More »

MORE ABOUT:
satellite radio • Howard Stern • Sirius XM

Under Pressure, Sirius XM Tries to Look Ahead

Merged company works to develop subscribers, refinance debt

Sep 15, 08 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 “heading toward making... More »

MORE ABOUT:
Mel Karmazin • Sirius • mergers and acquisitions • broadcasting • XM Satellite Radio • Sirius XM

10 Stories


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