satellite radio

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SiriusXM Is Buying Pandora

In an all-stock $3.5B deal

(Newser) - Subscription radio company SiriusXM says it's buying music streaming service Pandora Media Inc. in a stock deal valued at about $3.5 billion that'll allow it to expand its service beyond cars and into homes and other mobile areas. Pandora stockholders will receive 1.44 newly issued SiriusXM... More »

Howard Stern Signs New 5-Year Deal With Sirius/XM

'If we're going to stay in radio, we should stay here'

(Newser) - After weeks of tense contract negotiations, Howard Stern has inked a deal to stay on Sirius/XM for another five years. Earlier this week, Stern ranted against the Sirius CFO for hinting that the shock jock may need to take a pay cut, PopEater reports, but he apologized on-air yesterday. There... More »

Howard Stern Touts Woods Mistress Pageant

But $100K prize might not lure many contestants

(Newser) - Howard Stern jumped on the Tiger Woods mistress bandwagon today, offering a $100,000 prize for the winner of a beauty pageant contested among the golfer’s alleged flings. Nothing is confirmed yet, however, notes Eric Gargiulo , adding that the prize total is pretty low by current standards, and that... More »

Howard Stern Sidekick Artie Lange Hospitalized

Troubled comedian canceled numerous December appeareances

(Newser) - Comedian Artie Lange, Howard Stern's volatile sidekick, is in the hospital in New Jersey but hasn't said why. The troubled comic's agent released a statement saying, "We can confirm that Artie is in the hospital. Artie has chosen to keep all information on this matter between him and his... More »

Rosie Radio Hits Satellite This Fall

Sirius XM adds O'Donnell to celebrity lineup despite slump

(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 »

Right-Wing Radio Host Calls Maddow 'Little Boy'

Andrew Wilkow also attacks Perez Hilton

(Newser) - A right-wing radio host's rant on Tuesday got nasty—even for talk radio. Andrew Wilkow of Sirius/XM, filling in on the syndicated "Mark Levin Show," called MSNBC's Rachel Maddow a "nice little boy" and Perez Hilton a "vile sodomite," Salon reports. "It just sounds... More »

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 Creditors Ready to Go After CEO

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

(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 »

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 »

Satellite Radio Is Doomed

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

(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 »

Sirius XM Prepares to File for Bankruptcy

(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 »

Radio Struggles as Advertisers Tune Out

Despite a slight growth in audience, homogenized radio is losing ad dollars

(Newser) - More listeners hasn’t translated into more cash for radio broadcasters struggling to keep advertising revenues up, reports the New York Times, as prime clients like auto dealers and retailers cut ad buys in their own battle to stay afloat. Radio advertising continued its 18-month nosedive, declining 10% in October... More »

Stern Goes from Serious Player to Sirius Backwater

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

(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 »

Stern Launches Virginity Auction

No, not his

(Newser) - Howard Stern today kicked off the auction of a 22-year-old woman’s virginity. The woman says she wants to use the money to pay for a master’s degree in family therapy, reports the New York Daily News.. "We live in a capitalist society. Why shouldn't I be allowed... More »

Satellite Merger Clears Hurdle

Justice Dept. doesn't see threat to competition; FCC must still weigh in

(Newser) - The Justice Department today approved the proposed merger between satellite radio firms Sirius and XM, the Wall Street Journal reports. The FCC must still sign off, but the pair appears to have allayed antitrust concerns about the merger of the industry's two largest companies by arguing that they face competition... More »

Sirius, XM Stocks Rise as Merger Looms

Analyst predicts Justice Department won't block Sirius from buying XM

(Newser) - XM Satellite Radio and Sirius stock prices got a boost Friday when an analyst predicted the Justice Department won't block Sirius from buying out the larger XM. Morning trade saw XM shares jump 9.4% and Sirius shares 4.6%, reports CNN. The analyst said that shares could hit $20... More »

Stern Extols the Pleasures of Satellite

Funny man finds the troubles at CBS Radio the best joke of all

(Newser) - It's been almost two years since Howard Stern switched to satellite radio, and the never-modest shock jock is reveling in his success on Sirius—and the woes of his former network, CBS, and rival, Don Imus, back in terrestrial radio. In a sit-down with the AP, Stern crows that his... More »

UN Agreement May Boost US Spectrum Bids

Google, Yahoo, Apple all seen jumping into Jan. 700 Mhz auction

(Newser) - Thanks to an agreement at a month-long UN telecom conference in Geneva, the cost for rights to use new US wireless spectrum going on the block in January may have just increased. Google, Yahoo and Apple are among the companies expected to a battle for licenses to the 700 Mhz... More »

Sirius, XM Union May Have Listeners Singing the Blues

Deal would lower options, raise prices, Post writer says

(Newser) - For anyone doubting that a merger between Sirius and XM would harm the satellite radio industry by forcing listeners to go through a single provider, the Washington Post’s Marc Fisher has two words: cable TV. Fisher argues that for all of the advantages any union may produce, ultimately it... More »

Web Radio Takes Fight to Senate

Negotiations have stalled in new royalty plan, they say

(Newser) - Internet radio hangs in the balance, webcasters say, but the Senate Commerce Committee, which holds radio hearings today, can save it by reviving bills setting royalty rates for online broadcasters as low as satellite radio's. Legislators introduced the bills this spring, the Post explains, when the Copyright Royalty Board jacked... More »

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