Sirius XM News Thread

[Chob]

Note: This thread started as a post of Mel's interview with CNBC about the future of Sirius XM. It's now a thread for all Sirius XM news.


Watch it here.
http://www.cnbc.com/id/33654831/site/14081545

[The Butler]

Mel - "We'd like to see Howard do more shows for less money."

:jj:

[Ski Lo]

Mel - "We'd like to see Howard do more shows for less money."

:jj:
He won't.I bet he dosen't.If he gave a shit bout he fans he would.....



Damn,If Kali were he she'd be yelling at me......

[Mugsy]

Mel is a cocksuckin douche......Bubba is doomed on sirius.

[The Butler]

Mel on Fox with Neil Cavuto.

http://www.youtube.com/watch?v=GaZ03JtpYDQ

[The Butler]

It’s been five years since Sirius lured shock jock Howard Stern to satellite radio with a $500 million contract. Whether Stern can re-up with a similar deal when his contract expires at the end of next year is anyone’s guess, but it ought to be entertaining. Sirius XM CEO Mel Karmazin is preparing himself for negotiations with the self-proclaimed King of All Media.

I could tell you, it will start with Howard feeling that he is working too hard and doing too many shows and not making enough money. Our side would say, ‘We want you to do more, and get less money,’” Karmazin said.

http://blogs.reuters.com/summits/2009/11/30/sirius-ceo-karmazin-limbers-up-for-the-howard-stern-dance/

[SJ]

I can say one thing - they better sign him quick and start advertising that he's staying as soon as they can.

[The Butler]

I can say one thing - they better sign him quick and start advertising that he's staying as soon as they can.

And if he does want to move the show later in the day and/or fewer days, they better start looking at talent ::cough: Bubba :cough:: to fill some hours.

Anything less than he Howard is doing now is not enough to fill an entire channel.

[Steve44]

I couldn't imagine him wanting to move to a different daypart. 20 some odd years at the same shift. The change would freak me the fuck out. Yeah, sure you get to sleep in(if you can), but now your workday isn't over until 7 o'clock. For me it would be too much of a drastic change.:turborun:

[SJ]

I see howard doing 10-2...

don't ask me why but that's where I see him, if he is to switch times...
Howards always said that morning drive was the best slot for ratings - but sirius doesn't have ratings... so his argument for staying in mornings is moot

[The Butler]

GHARIB: Howard Stern has been a very positive force for Sirius and I under that his contract expires next year. Is he going to re-up and what happens next?

KARMAZIN: Howard has been a very significant performer for us. He has to decide on whether or not he wants to continue. If he does, I would be doing everything I can to work out financial arrangements that are in our shareholders' best interests to do a deal with Howard.

GHARIB: Can you afford to keep continuing to pay top dollar for people like Howard Stern or Martha Stewart giving the economics of this business?

KARMAZIN: Over my entire career, I've always heard that content is expensive. Well, yeah, contempt is very expensive and if you want to have great content, whether it be the NFL or whether or not it be Howard Stern, you have to pay for it. And my business model is always that I'd rather figure out a way to make money with the talent rather than not have them and compete against them.


http://www.pbs.org/nbr/site/onair/gharib/mel_karmazin_of_sirrus_xm_radio_091202/

[Chob]

http://www.pbs.org/nbr/site/onair/gharib/mel_karmazin_of_sirrus_xm_radio_091202/
The writing seems to be on the wall, at least to me. At the end of next year he'll take less money for a lighter schedule. He sure as hell isn't working any more.

[The Butler]

NEW YORK, Dec 7 (Reuters) - A customer of Sirius XM Radio Inc (SIRI.O) sued the U.S. satellite radio company on Monday, saying it deceptively increased prices in breach of subscriber contracts.

The lawsuit, filed in Manhattan federal court, said that since a July 2008 merger of Sirius and rival XM Satellite Radio, the only two satellite radio providers in the United States, monthly charges had risen by nearly 30 percent for certain subscribers with multiple accounts.

"Since the merger, Sirius XM has abused its monopoly power by increasing prices above competitive levels, breaching subscriber contracts, and making false and misleading statements to subscribers and the public," said the complaint by Carl Blessing, a resident of Florida, who is seeking class action status and unspecified damages.

http://www.reuters.com/article/idCNN0713073020091207?rpc=44

[Chob]

NEW YORK, Dec 7 (Reuters) - A customer of Sirius XM Radio Inc (SIRI.O) sued the U.S. satellite radio company on Monday, saying it deceptively increased prices in breach of subscriber contracts.

The lawsuit, filed in Manhattan federal court, said that since a July 2008 merger of Sirius and rival XM Satellite Radio, the only two satellite radio providers in the United States, monthly charges had risen by nearly 30 percent for certain subscribers with multiple accounts.

"Since the merger, Sirius XM has abused its monopoly power by increasing prices above competitive levels, breaching subscriber contracts, and making false and misleading statements to subscribers and the public," said the complaint by Carl Blessing, a resident of Florida, who is seeking class action status and unspecified damages.

http://www.reuters.com/article/idCNN0713073020091207?rpc=44
If it's the royalty fees they're suing about, then I really don't see this going anywhere.

[The Butler]

If it's the royalty fees they're suing about, then I really don't see this going anywhere.

Depends on the interpretation of when they are allowed to start the calculation of when the increases in royalties start. They charged far more than the rates increased since the merger.

[SJ]

I really hope that guy wins

[Mugsy]

:dito:

[The Butler]

Not really about the thread topic, but I don't think it's worth it's own.

NEW YORK, Dec. 10 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI - News) announced today that it will launch Second City Comedy Radio, a two-day channel celebrating the 50th anniversary of the iconic improvisational comedy theatre.

The limited-run channel will premiere on Saturday, December 12 at 12:01 am ET, coinciding with the weekend-long celebration of the 50th anniversary of The Second City theatre's founding in Chicago.

Second City Comedy Radio will be backstage all weekend with access to all of the reunion events held at The Second City theatre in Chicago, where alumni from every generation of Second City will reunite, including Stephen Colbert, Martin Short, Andrea Martin, Eugene Levy, Joe Flaherty, Dave Thomas, Jim Belushi, Steve Carell, Dan Castellaneta, Jeff Garlin, Isabella Hoffman, Richard Kind, Robert Klein, Jack McBrayer, Harold Ramis, Horatio Sanz, George Wendt and Fred Willard.

The channel will also feature various sketches from stage shows from the past fifty years, including "Picasso's Moustache" from 1971, "Peace and Serenity" from 1969, "To the Water Tower" from 1963, "My Friend Art is Dead" from 1962 and "Survival Kit" from 1982. Listeners will also hear contemporary sketches, many of which originated from Second City, including Chris Farley's "Van Down By the River" bit and Rachel Dratch's "Wicked" sketch.


http://finance.yahoo.com/news/Second-City-Comedy-Radio-To-prnews-1192268160.html?x=0&.v=1

[The Butler]

Mel was on Charlie Rose the other night talking all things Sirius/XM. I can't seem to link the video directly. Click on recent shows, Mel appeared Dec. 30th. If you want to skip all the financial BS about staying out of bankruptcy, skip to 13:50 where he talks about Howard.

http://www.charlierose.com/

[Chob]

I saw that earlier. I guess I'll watch it now since there's no Bubba replay to hear. :jj:

[The Butler]

I saw that earlier. I guess I'll watch it now since there's no Bubba replay to hear. :jj:

Any chance you can rename this thread the "Sirius XM News" thread? I think there might be some in the next year. I pretty much commandeered it as such already.

Or someone could start another one in the appropriate forum. Which one would that be?

[Chob]

Any chance you can rename this thread the "Sirius XM News" thread? I think there might be some in the next year. I pretty much commandeered it as such already.

Or someone could start another one in the appropriate forum. Which one would that be?
Done. With Howard's negotiations coming up, the whole Bubba thing, and the mounting debt and subscriber loss issues it'll be a year to watch.

[The Butler]

Done.

I don't care what Spaz and milkman say about you. You're a good guy. :jj:

[Chob]

I don't care what Spaz and milkman say about you. You're a good guy. :jj:
Opinions vary. :jj:

[milkman]

I don't care what Spaz and milkman say about you. You're a good guy. :jj:


WHAT!!! :eek:

All I said was that Chob....damn, look, me internets died!! :D

[SJ]

wasn't this a?

when did the...

what the?

hmmmmm ok :lol:

[SJ]

Starting on February 9th, DirecTV subscribers will find that their XM satellite radio channels will have disappeared - and have been replaced with channels from SonicTap (http://www.sonictap.com/), according to DirecTV's website.

Now, why is this more strange than "the usual" content distribution deal gone bad?
For one thing, Liberty Media (which has a 40 percent stake (http://www.orbitcast.com/archives/breaking-sirius-xm-radio-and-liberty-media-reach-530-million-agreement.html) in Sirius XM Radio Inc.) also owns DirecTV - so you think there would be a baked in partnership between the two. But not so.

On February 29th, 2010, SonicTap will be the new source of music for 18 million DirecTV subscribers. The lineup of genres will remain relatively the same - but with one exception.

The one large notable difference is that there's some 10 more Hispanic music channels added in addition to the other channels. Could this have been the deciding factor for the change? It's hard to say for sure, but I can't imagine why both Liberty-owned companies would part ways unless there was a clear differentiator between the two.

Then again, who knows what kind of reasoning is behind the switch. It would be nice to see some level of transparency to explain to subscribers why exactly the change is happening... but I'm not holding my breath.

[DirecTV (http://www.directv.com/DTVAPP/global/article.jsp?assetId=P6590007)]

credit to Orbitcast

[Chob]

wasn't this a?

when did the...

what the?

hmmmmm ok :lol:
http://farm3.static.flickr.com/2098/2257511359_c27c8159df.jpg

I have altered the thread, pray I don't alter it any further. :jj:

[The Butler]

Holy shiz.

NEW YORK, Jan. 4 /PRNewswire/ -- COMEDY CENTRAL is about to sit back, have a drink and share a hearty laugh at Artie Lange's comical musings in the World Television Premiere of "Artie Lange: Jack and Coke," debuting Saturday, January 23 at 11:00 p.m.

COMEDY CENTRAL is bringing Artie Lange's shocking, uncensored observations and incredible knack for funny storytelling to the stage. Lange returns as raw as ever in his new special from the famed Gotham Comedy Club in New York City. Listen as he talks about his competition with Heath Ledger and the opening monologue he'd do if he were ever asked to host the Oscars in this brand-new, one-hour stand-up special debuting Saturday, January 23 on COMEDY CENTRAL.


http://www.prnewswire.com/news-releases/order-another-round-the-world-television-premiere-stand-up-special-artie-lange-jack-and-coke-premieres-saturday-january-23-at-1100-pm-80630642.html

[The Butler]

I guess Howard doesn't exaggerate as bad as I thought.

NEW YORK, Jan. 14 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced the results of an Arbitron study of satellite radio subscribers conducted in October and November 2009 that found listenership is larger than previously estimated and scores much higher on key demographic criteria compared to the general population and AM/FM radio listeners.

Arbitron's study showed that more than 35 million total adult listeners tune in to SIRIUS XM, 32 million of which are weekly listeners.

The study found SIRIUS XM listeners prefer satellite radio over other audio options available to them. Respondents indicated that the percent of total time spent listening to audio in general is 62% to SIRIUS XM, 16% to AM/FM, 4% to streaming internet, and 10% of the time using mobile devices.



http://money.cnn.com/news/newsfeeds/articles/prnewswire/NY37639.htm

[Chob]

I guess Howard doesn't exaggerate as bad as I thought.



http://money.cnn.com/news/newsfeeds/articles/prnewswire/NY37639.htm
I'm surprised. All the financial reports and everything make things sound so grim.

[The Butler]

Today Sirius XM announced that it ended the year with 18,772,758 total subscribers, adding 257,028 net subscribers in the fourth quarter of 2009. Even more important then this being the second consecutive quarter of net subscriber additions, CEO Mel Karmazin notes that this is the first year in the companies history that they have generated a positive free cash flow for the entire year.


http://siriusbuzz.com/sirius-xm-adds-257k-net-subscribers-in-the-fourth-quarter-of-2009.php

[The Butler]

http://www.orbitcast.com/archives/the-who.jpg

Won't get fooled again! The Who Channel - a five-day long limited-run channel - will rock out on Sirius XM's Deep Tracks channel starting this Thursday.

Just in time for the Super Bowl.

The Who Channel will feature music, performances and interviews celebrating the career of one of the most iconic rock bands of all time.

The channel will play music spanning The Who's entire five-decade-long career, from their debut in 1965 through the band's latest releases: The Who Greatest Hits, the career-spanning compilation, and The Who Greatest Hits Live, a collection of previously unreleased and newly mixed concert recordings from throughout the band's entire career.

http://www.orbitcast.com/archives/deep-tracks-turns-into-the-who-channel.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+orbitcast+%28Orbitcast%29

[The Butler]

Free preview of the Best of XM, April 4th - 17th.

http://www.sirius.com/bestofxm?utm_source=FREEPREVIEWSPORTS1&utm_medium=Email&utm_campaign=FREEPREVIEW

[Chob]

Free preview of the Best of XM, April 4th - 17th.

http://www.sirius.com/bestofxm?utm_source=FREEPREVIEWSPORTS1&utm_medium=Email&utm_campaign=FREEPREVIEW
Hmm... I just reupped my Ron and Fez sub though so it doesn't interest me that much.

[The Butler]

I'm looking forward to checking out some of the sports shows, especially the PGA channel. I've heard the tourney coverage since they stream it on the PGA Tour site.

[The Butler]

Interesting story of the future financial viability of SiriusXM.

http://www.kingofalltrades.com/2010/04/05/11445.html

[SJ]

Interesting story of the future financial viability of SiriusXM.

http://www.kingofalltrades.com/2010/04/05/11445.html
did you just say....

the future?

or as ellis calls it - tha fuchah?

there is no future, the future is now - ;D

I see sirius folding in the future.. that's my prediction - just a huge bowl of fail.

[The Butler]

Does Howard Stern deserve a raise?

http://www.thedailybeast.com/blogs-and-stories/2010-04-04/should-charlie-sheen-get-a-raise/

[SJ]

Does Howard Stern deserve a raise?

http://www.thedailybeast.com/blogs-and-stories/2010-04-04/should-charlie-sheen-get-a-raise/
interesting read

kinda a weird way to value a show...

I mean true, CBS sells advertising for two and a half men - but that is split to the station on a whole - it's not like their advertisers go into a special "two and a half men" bank account....

[The Butler]

Wow is all I can say (if this is true).

British comedian Russell Brand has been offered a multi-million dollar deal to join American radio station Sirius.

Russell Brand is being lined up to host his own radio show in America.

Satellite station Sirius Radio broadcasts shows by some of the biggest names in the US, including controversial shock jock Howard Stern, Eminem and Jamie Foxx, and bosses are now keen to add Russell to the roster.

Sirius have reportedly offered the 'Get Him to the Greek' star a deal "worth millions of dollars" to hit the American airwaves.

A source told The Sun newspaper: "Russell has been itching to get back on radio for a while now. He has been off doing other things but radio still really tickles him."

The source continued "Russell's sidekick Matt Morgan is also keen to get writing and broadcasting again. The Sirius deal is in its infancy but Russell is well up for it. He has been given the hard sell about how they could make him the new Howard Stern."


http://www.earthtimes.org/articles/news/332208,russell-brand-heading-for-us-airwaves.html

[Chob]

:facepalm:

But I'm sure it'll be "sorry Bubba/Scott, but we don't have the money to keep you around."

[SJ]

I'd listen to that guy

[milkman]

Man, that is pathetic!! Another jabrone. I'd say Bubba is gone. Get rid of the radio guys with talent for some no name comedian?? At least I've never heard of him, and sounds dry to me by this boring intro.

And jsut got charged today $175 for my renewal. I'm about done with this shit.

[The Butler]

NEW YORK, July 7 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced that it added 583,249 net subscribers in the second quarter of 2010, compared to a net subscriber decline of 185,999 in the second quarter of 2009.

In the first half of this year, SIRIUS XM added 754,690 net subscribers compared to a loss of 590,421 net subscribers in the first half of 2009. The Company ended the second quarter with a record-high 19,527,448 subscribers, an increase of more than 1.1 million subscribers from June 30, 2009.

http://www.prnewswire.com/news-releases/sirius-xm-adds-over-583000-net-subscribers-in-the-second-quarter-97924424.html

[Chob]

NEW YORK, July 7 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced that it added 583,249 net subscribers in the second quarter of 2010, compared to a net subscriber decline of 185,999 in the second quarter of 2009.

In the first half of this year, SIRIUS XM added 754,690 net subscribers compared to a loss of 590,421 net subscribers in the first half of 2009. The Company ended the second quarter with a record-high 19,527,448 subscribers, an increase of more than 1.1 million subscribers from June 30, 2009.

http://www.prnewswire.com/news-releases/sirius-xm-adds-over-583000-net-subscribers-in-the-second-quarter-97924424.html
I may blast them on a regular basis and think they make shit decisions, but I'm glad they're doing well.

[The Butler]

Interesting take on Howard signing on for a few more years.

I have no insider information on this topic, but it seems to me overwhelmingly likely that Howard Stern’s marriage to Mel Karmazin at Sirius XM will continue for another few years.

Here’s why:

1. Less is More on Satellite Radio



http://johanlindstrom.byethost24.com/radiointelligence/2010/07/27/howard-stern-will-stay-at-sirius-xm/

[Chob]

Interesting take on Howard signing on for a few more years.



http://johanlindstrom.byethost24.com/radiointelligence/2010/07/27/howard-stern-will-stay-at-sirius-xm/
I totally agree with this article.

[The Butler]

(Reuters) - Sirius XM Radio on Wednesday posted better-than expected quarterly revenue, citing a sharp jump in subscribers to its pay-radio service and customers' desire for premium programing.

The company, run by media industry veteran Mel Karmazin, nudged its full-year revenue estimate up to $2.8 billion from $2.7 billion, after it added 583,000 net subscribers in the second quarter.

Revenue in the second quarter rose 16 pct to $699.7 million, beating analysts' average estimate of $691.4 million, according to Thomson Reuters I/B/E/S.



http://www.reuters.com/article/idUSTRE6732C820100804

[SJ]

I'm pretty surprised to hear that really....

I mean the offering of equipment is pretty weak. I wonder how they will fare in the next quarter - which might reflect the slowing economy a bit more?

[Chob]

Today during the Sirius XM Radio Inc. Q2 earnings call, CEO Mel Karmazin announced that they will be launching "Satellite Radio 2.0" in retail stores for the 2011 holiday season.

"Our next generation of satellite radios are expected to offer more choices for the consumer and contain functionality that does not exist today."
There were little specifics other than that the new satellite radio receivers are expected to be allowing for more channels and more capacity.

Sirius XM seemed very optimistic of the new initiative, adding that they will help to improve sales at the retail level.

http://www.orbitcast.com/archives/new-sirius-xm-20-satellite-radios-due-in-2011.html

[The Butler]

From a transcript of the earnings conference call. This is Mel speaking:

Sirius XM is very committed to continue to innovate. Satellite radio was a great example of that innovation and satellite radio 2.0 where we believe take it to a new level. While we have been reducing costs and making the organization more efficient. We continue to invest in R&D.

Our next generation of satellite radios are expected to offer significantly more choices for the consumer and contain functionality that does not exist today in our radios. There will not be any significant increase in our costs, to bring these radios to consumers and we expect to have the first satellite radio 2.0 products in retail stores by the holiday season in the fourth quarter of 2011.


http://seekingalpha.com/article/218579-sirius-xm-radio-inc-q2-2010-earnings-call-transcript

4th Qtr of 2011? I guess Mel is saying buy an XM radio now or wait a year. The link posted is a very long article.

[Chob]

From a transcript of the earnings conference call. This is Mel speaking:



http://seekingalpha.com/article/218579-sirius-xm-radio-inc-q2-2010-earnings-call-transcript

4th Qtr of 2011? I guess Mel is saying buy an XM radio now or wait a year. The link posted is a very long article.
Hopefully my Stiletto holds out a year, if I'm even still a sub by then. Which I probably will be, barring the complete lack of either Stern or Bubba.

[The Butler]

Sirius XM Chief Executive Mel Karmazin said he remains optimistic about signing a new deal to keep Howard Stern on the satellite radio service, but warned that should the shock jock bolt, some subscribers might leave with him.

Speaking at the Bank of America/Merrill Lynch Media, Communications & Entertainment Conference, Karmazin praised Stern, with whom he's worked closely for decades.

"He's been a fabulous partner ... he has enabled companies to make a lot of money," Karmazin said. Stern's current contract expires at the end of the year, and he has, as he always does when one of his deals is nearing expiration, been dropping hints on his show that it may be time to walk away. Karmazin said he doesn't want to negotiate in public with Stern, but he noted that Sirius XM has successfully renewed several high-profile contracts recently, including those with Oprah Winfrey and Martha Stewart, and that he is "very confident" about getting Stern to stick around.

http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/09/sirius-xm-ceo-karmazin-still-confident-howard-stern-will-sign-new-deal.html

[SJ]

Sirius XM Chief Executive Mel Karmazin said he remains optimistic about signing a new deal to keep Howard Stern on the satellite radio service, but warned that should the shock jock bolt, some subscribers might leave with him.

Speaking at the Bank of America/Merrill Lynch Media, Communications & Entertainment Conference, Karmazin praised Stern, with whom he's worked closely for decades.

"He's been a fabulous partner ... he has enabled companies to make a lot of money," Karmazin said. Stern's current contract expires at the end of the year, and he has, as he always does when one of his deals is nearing expiration, been dropping hints on his show that it may be time to walk away. Karmazin said he doesn't want to negotiate in public with Stern, but he noted that Sirius XM has successfully renewed several high-profile contracts recently, including those with Oprah Winfrey and Martha Stewart, and that he is "very confident" about getting Stern to stick around.

http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/09/sirius-xm-ceo-karmazin-still-confident-howard-stern-will-sign-new-deal.html


huh.... yesterday Stern was asked about the deal and howard said he didn't want to get into it and moved right along - my guess is talks have begun

[The Butler]

NEW YORK, Oct 13 (Reuters) - Sirius XM Radio Inc (SIRI.O) said on Wednesday that it added 334,727 subscribers in the third quarter of 2010, up sharply from 102,295 in the same period last year.

The company said it is on track to end the year with 20.1 million subscribers, the amount to which it had raised its forecast about two weeks ago.

The company also said that XM Satellite Radio, one of Sirius' units, will offer $550 million aggregate principal amount of senior notes due 2018. XM will use the proceeds of the offering in the repurchase of senior notes due 2012.


http://www.reuters.com/article/idCNN1323989620101013?rpc=44

[SJ]

re-purchase of what?

notes?

wtf does that shit mean?


radios - how do they work? :lol:

[The Butler]

Basically they are pushing some debt out 5 years with the hopes that the rate will be better later.

I think this is the first time I've seen separate numbers since the merger.

Between the two services, XM remains the larger player. XM's 10.2 million subscribers top the 9.6 million at Sirius -- but the gap continues to close. As long as Sirius doesn't lose Howard Stern in December, Sirius should overtake XM at some point next year.

[The Butler]

Sirius XM Radio Inc. is exploring programming alternatives in case the satellite broadcaster and talk-show host Howard Stern aren’t able to agree on a new contract, Chief Executive Officer Mel Karmazin said.

Stern, whose five-year, $500 million contract expires in December, is continuing to negotiate with the New York-based company and a resolution will come before the end of the year, Karmazin, 67, said in an interview yesterday. Sirius XM stations, such as Raw Dog Comedy and Playboy Radio, would help retain many of Stern’s listeners if he left, he said.

“There’s no deal,” Karmazin said. “The only announcement will be when there is a deal, or there’s not a deal. And I’m hopeful there will be a deal.”

http://www.bloomberg.com/news/2010-10-19/sirius-xm-ceo-karmazin-explores-alternatives-for-life-without-howard-stern.html

[SJ]

I don't trust karmezin for shit

[The Butler]

Spice Radio coming to Sirius.

Interesting line-up.

http://satelliteradioplayground.com/2010/11/03/sirius-xm-radio-siri-adds-some-spice/

[The Butler]

NEW YORK, Nov. 4, 2010 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced third quarter 2010 financial and operating results, including:

Adjusted revenue of $722.5 million in the third quarter 2010, up 15% from the third quarter 2009 adjusted revenue of $629.6 million;

Adjusted EBITDA of $169.7 million in the third quarter 2010, an increase of 60% over the third quarter 2009 adjusted EBITDA of $106.1 million;

Free cash flow of $62.0 million, a 132% increase from $26.7 million in the third quarter of 2009;

Net subscriber additions of 334,727 in the third quarter of 2010 compared to 102,295 in the third quarter of 2009; and

Net income (loss) attributable to common stockholders for the third quarter of 2010 and 2009 was $67.6 million and ($151.5) million, respectively, or $0.01 and ($0.04) per diluted share.

http://investor.sirius.com/releasedetail.cfm?ReleaseID=526978

[SJ]

so they made money everywhere except the stock? am I reading that right?

[Chob]

NEW YORK, Nov. 4, 2010 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced third quarter 2010 financial and operating results, including:

Adjusted revenue of $722.5 million in the third quarter 2010, up 15% from the third quarter 2009 adjusted revenue of $629.6 million;

Adjusted EBITDA of $169.7 million in the third quarter 2010, an increase of 60% over the third quarter 2009 adjusted EBITDA of $106.1 million;

Free cash flow of $62.0 million, a 132% increase from $26.7 million in the third quarter of 2009;

Net subscriber additions of 334,727 in the third quarter of 2010 compared to 102,295 in the third quarter of 2009; and

Net income (loss) attributable to common stockholders for the third quarter of 2010 and 2009 was $67.6 million and ($151.5) million, respectively, or $0.01 and ($0.04) per diluted share.

http://investor.sirius.com/releasedetail.cfm?ReleaseID=526978
So much for the Stern announcement being made during the Q3 results.

As for Spice Radio...whatever. At least it shows they aren't trying to sanitize the medium any time soon.

[SJ]

Spice Radio coming to Sirius.

Interesting line-up.

http://satelliteradioplayground.com/2010/11/03/sirius-xm-radio-siri-adds-some-spice/
hmmmm so is this what's going to replace the howard channels?

[The Butler]

NEW YORK, Nov. 15, 2010 /PRNewswire via COMTEX/ -- SIRIUS XM Radio announced today that Russell Brand's The Russell Brand Show will air, completely uncensored, on SIRIUS XM's Raw Dog Comedy channel every week for ten weeks. This is the first time that the show will be available to American radio audiences and the only place on radio to hear the uncut version of the show.



http://www.marketwatch.com/story/russell-brands-radio-show-to-air-on-sirius-xms-raw-dog-comedy-channel-2010-11-15?reflink=MW_news_stmp

[SJ]

Great Billy Joel interview with stern today.

hearing billy sing as other famous singers was some good shit

[The Butler]

NEW YORK, Nov. 16, 2010 /PRNewswire/ -- SIRIUS XM Radio (Nasdaq: SIRI) announced today that Paul McCartney will perform at Harlem's world famous Apollo Theater for the first time at an exclusive, invitation-only concert for SIRIUS XM listeners. The concert will celebrate SIRIUS XM reaching 20 million subscribers, a milestone the company expects to achieve shortly.

The concert, which will be held on Monday, December 13 at 8:00 pm ET, will feature McCartney performing songs from his unrivalled back catalog, including many Beatles, Wings and solo classics, for SIRIUS XM subscribers. As a thank you to its loyal subscribers, SIRIUS XM will broadcast the concert live nationwide as well as offer lucky subscribers the opportunity to attend the unprecedented event.



http://www.prnewswire.com/news-releases/paul-mccartney-plays-the-world-famous-apollo-theater-for-the-first-timecelebrating-20-million-sirius-xm-subscribers-108416004.html

[Steve44]

Great Billy Joel interview with stern today.

hearing billy sing as other famous singers was some good shit

Luckily, I managed to hear all of between east and West feeds.It was truly Great!

[The Butler]

Some interesting numbers in this blog post.

http://blog.compete.com/2010/11/16/what-will-you-do-howard-stern/

[SJ]

so they are claiming howard dominates in popularity on sirius? no doubt

[SJ]

Luckily, I managed to hear all of between east and West feeds.It was truly Great!
I'm actually looking forward to fridays best of on stern as I missed some of that interview I think, at the beginning.

[The Butler]

Sirius Canada and XM agree to merger.

http://siriusbuzz.com/sirius-canada-and-xm-canada-announce-merger.php

[Chob]

Sirius Canada and XM agree to merger.

http://siriusbuzz.com/sirius-canada-and-xm-canada-announce-merger.php
Huh. Well I'll be damned. At this rate they'll truly be one company faster than their U.S. counterparts. :jj:

[SJ]

Huh. Well I'll be damned. At this rate they'll truly be one company faster than their U.S. counterparts. :jj:
they will be one company just in time to go broke :jj:

[Steve44]

I have no idea what they were thinking, that it could be one company in the states, and two here.:rolleyes: I am a Sirius subscriber, why am I constantly being reminded that I am listening to SiriusXm?

[Ken Masters]

I have no idea what they were thinking, that it could be one company in the states, and two here.:rolleyes: I am a Sirius subscriber, why am I constantly being reminded that I am listening to SiriusXm?

The crtc thought it was too much a monopoly... then sirius showed them their earnings and the crtc said that any companies run so poorly couldnt monopolize anything... lol

[The Butler]

Just like Howard predicted.

NEW YORK (AP) — Talk show host Laura Schlessinger won't stay away from radio very long — only a weekend, in fact.

Sirius XM Radio said Monday it has a multiyear deal with Schlessinger to bring her "Dr. Laura" advice program to satellite radio in January. Specific terms were not revealed.

Schlessinger had said in August she was quitting her syndicated radio program, a week after she apologized for using the N-word on the air 11 times while talking to a black woman, and activists demanded her ouster.

She ends her traditional radio program on Friday, Dec. 31. The following Monday, she starts at Sirius.

[Chob]

Just like Howard predicted.
:haha: I had a feeling this would happen.

[The Butler]

NEW YORK (TheStreet) -- Sirius XM(SIRI_) has extended its satellite broadcasting and marketing deal with the National Football League for five more years.
"We are pleased to continue our partnership with Sirius XM," NFL executive vice president of media Steve Bornstein said. "They have been an excellent partner and have become part of NFL fans' daily lives, not only on game day, but also throughout the year.

Sirius and the NFL signed a 7-year, $220 million contract in August 2004. Financial terms of the extension were not disclosed. Sirius will continue to broadcast all NFL games live through the 2016 Super Bowl.
NFL Radio will remain on channel 124. Sirius XM will also broadcast NFL play-by-play online for its satellite radio subscribers from the start of the 2011 season.


http://www.thestreet.com/story/10934111/1/sirius-xm-extends-nfl-deal.html

[The Butler]

Richard Pryor would have celebrated his 70th birthday this month, so in his honor Sirius XM will launch Richard Pryor Radio, a four-day uncensored channel devoted to the comedian's decades of groundbreaking work (and profane language).

Richard Pryor Radio will launch Dec. 30 at 5:00 am ET and will run through 11:59 pm ET on Jan. 2 on SIRIUS channel 108 and XM channel 139. The channel will feature hundreds of tracks from live concert performances, stand-up gigs and comedy albums spanning 1968-1992.

[milkman]

Richard Pryor would have celebrated his 70th birthday this month, so in his honor Sirius XM will launch Richard Pryor Radio, a four-day uncensored channel devoted to the comedian's decades of groundbreaking work (and profane language).

Richard Pryor Radio will launch Dec. 30 at 5:00 am ET and will run through 11:59 pm ET on Jan. 2 on SIRIUS channel 108 and XM channel 139. The channel will feature hundreds of tracks from live concert performances, stand-up gigs and comedy albums spanning 1968-1992.

He was definitely one of the funniest, honest motherfuckers ever. Will def have to tune in for some of this.

[Chob]

Richard Pryor would have celebrated his 70th birthday this month, so in his honor Sirius XM will launch Richard Pryor Radio, a four-day uncensored channel devoted to the comedian's decades of groundbreaking work (and profane language).

Richard Pryor Radio will launch Dec. 30 at 5:00 am ET and will run through 11:59 pm ET on Jan. 2 on SIRIUS channel 108 and XM channel 139. The channel will feature hundreds of tracks from live concert performances, stand-up gigs and comedy albums spanning 1968-1992.
That's badass. Figures Sirius XM gets a channel dedicated to a real talent, and the guy happens to be dead. :jj:

[Steve44]

Sure, they don't have to negotiate a contract with him, and don't have to pay him shit. I'm sure they have to pay someone broadcast rights, that's prolly about it.

[SJ]

so when does this become the RadioIO news thread? :lol:

[Chob]

so when does this become the RadioIO news thread? :lol:
Nah. That can be separate.

Also:
Total Annual 2010 Compensation USD$
Mel Karmazin $43,466,800
Scott Greenstein $10,713,300
David Frear $3,324,000
James Meyer $14,876,900
Dara Altman $2,315,510
Patrick Donnelly $2,896,680

[SJ]

that's 75 million right there


that's sickening..

no one should make that a year for ANY JOB ON THE PLANET

[kali]

that's 75 million right there


that's sickening..

no one should make that a year for ANY JOB ON THE PLANET

except me :wave2:

[The Butler]

The FCC announced today that Sirius XM has fulfilled one of the conditions of its merger by leasing channels on a long-term basis to a handful of minority broadcasters that met its qualifications. The seven channels represent four percent of Sirius XM's full-time audio channels.

snipped

The lessees and their planned programming include:

• Howard University (licensee of WHUR-FM and WHUT-TV)
One channel each on Sirius and XM – Music and talk programming for the African American community
One channel each on Sirius and XM – Music and talk programming for the African American community, with programs from Historically Black Colleges and Universities

• BYU Radio (licensee of KBYU-FM and KBYU-TV)
One channel each on Sirius and XM – Music and talk programming for the Mormon community

• Eventus/National Latino Broadcasting
One channel each on Sirius and XM – Spanish language talk programming
One channel each on Sirius XM – Spanish language music programming

• WorldBand Media
One channel each on Sirius and XM – Spanish language talk programming

• KTV Radio
One channel on XM – Korean language music and talk programming

http://fmqb.com/Article.asp?id=2163976

[Chob]

Howard University
Sweet, we finally get the third Howard channel. :jj:

And magic underwear radio? Are you fucking kidding me? :rolleyes:

[Lerch]

taylor from tss is gonna love stalking the college campuses for hot black, asian, and hispanic hotties selling radios.

[SJ]

The FCC announced today that Sirius XM has fulfilled one of the conditions of its merger by leasing channels on a long-term basis to a handful of minority broadcasters that met its qualifications. The seven channels represent four percent of Sirius XM's full-time audio channels.

snipped

The lessees and their planned programming include:

• Howard University (licensee of WHUR-FM and WHUT-TV)
One channel each on Sirius and XM – Music and talk programming for the African American community
One channel each on Sirius and XM – Music and talk programming for the African American community, with programs from Historically Black Colleges and Universities

• BYU Radio (licensee of KBYU-FM and KBYU-TV)
One channel each on Sirius and XM – Music and talk programming for the Mormon community

• Eventus/National Latino Broadcasting
One channel each on Sirius and XM – Spanish language talk programming
One channel each on Sirius XM – Spanish language music programming

• WorldBand Media
One channel each on Sirius and XM – Spanish language talk programming

• KTV Radio
One channel on XM – Korean language music and talk programming

http://fmqb.com/Article.asp?id=2163976
do mormons even listen to the radio?

[Chob]

do mormons even listen to the radio?
I hear Amish Radio is coming soon. :jj:

[SJ]

I hear Amish Radio is coming soon. :jj:
I can't wait for - how to plow radio ;D

hmm that could also be on playboy radio

[The Butler]

do mormons even listen to the radio?

I hear Amish Radio is coming soon. :jj:

Scientology Radio just missed the cut.

http://www.dvorak.org/blog/wp-content/uploads/2009/05/scientology.jpg

[SJ]

can't they just broadcast from the mothership?

[The Butler]

Fans of Rosie O'Donnell won't have to go cold turkey on Sirius XM Radio (Nasdaq: SIRI ) .

The last live installment of Rosie Radio is coming on June 1, but the comedienne's new talk show gig on television will also make its way to satellite radio.

O'Donnell is moving to Oprah Winfrey's OWN this fall. The daily talk show -- Rosie -- will air on Sirius and XM the same day it airs on the struggling cable network.

Will Sirius XM listeners feel cheated? We don't know how many listeners migrated to satellite radio to catch the 2009 debut of Rosie Radio. Those that did are unlikely to be satisfied with non-exclusive broadcasts of a television show. Premium radio and hand-me-down content aren't compelling bedfellows.


http://www.fool.com/investing/general/2011/05/10/is-sirius-xm-resorting-to-secondhand-content.aspx

As SiriusXM satellite radio celebrates a record number of subscribers, some listeners are threatening to jump ship over recent changes that merged Willie Nelson's channel with another country station.

A shuffling of the lineup Wednesday, designed to put most broadcasts in the same spot on both the Sirius and XM systems, brought an end to Willie's Place. It was combined with the Roadhouse, leading to the creation of Willie's Roadhouse, found on channel 56. While the names sound similar, fans insist the music played is not.


http://www.austin360.com/music/fans-fuming-over-changes-to-willie-nelsons-siriusxm-1458648.html

[The Butler]

There is new news in the Howard Stern suit against Sirius XM, and it is quite interesting. The company admits that many facts alleged by Stern, Buchwald, and One Twelve media are indeed accurate, and contends that the suit centers on one pivotal issue. That issue is whether XM subscribers should be counted in the numbers tied to the performance section of the contract with Stern. According to Sirius XM that answer is a resounding NO.

The company did pay Stern $25 million, and Buchwald $2.5 million when the merger with XM was completed, a fact that perhaps most investors were not aware of. The crux of this case centers on how the term “Sirius Subscribers” is defined according to the company. It is Sirius XM’s contention that XM subscribers would not be counted under the Sirius umbrella with or without the merger.

http://siriusbuzz.com/sirius-xm-files-answer-to-stern-suit-seeks-dismissal-of-suit-without-prejudice.php

[Chob]

There is new news in the Howard Stern suit against Sirius XM, and it is quite interesting. The company admits that many facts alleged by Stern, Buchwald, and One Twelve media are indeed accurate, and contends that the suit centers on one pivotal issue. That issue is whether XM subscribers should be counted in the numbers tied to the performance section of the contract with Stern. According to Sirius XM that answer is a resounding NO.

The company did pay Stern $25 million, and Buchwald $2.5 million when the merger with XM was completed, a fact that perhaps most investors were not aware of. The crux of this case centers on how the term “Sirius Subscribers” is defined according to the company. It is Sirius XM’s contention that XM subscribers would not be counted under the Sirius umbrella with or without the merger.

http://siriusbuzz.com/sirius-xm-files-answer-to-stern-suit-seeks-dismissal-of-suit-without-prejudice.php
As much as I side with Howard here, I can also see their argument.

[PeteFromPA]

As much as I side with Howard here, I can also see their argument.

Me too, except for one thing. Without Howard, there is no acquisition of XM. Sirius fails and falls by the wayside, leaving XM as the only remaining satellite radio company.

I'm guessing there will be a handsome settlement, the lawsuit will go away, and Howard will enjoy his even shorter work weeks until he shuts down the show as we know it after this contract.

[SJ]

look they paid the guy 25 mil for making the merger happen - therefore I think they owe him the XM numbers...

[kali]

look they paid they guy 25 mil for making the merger happen - therefore I think they owe him the XM numbers...

stop being reasonable! it's wigging me out :happydance:

[Chob]

look they paid they guy 25 mil for making the merger happen - therefore I think they owe him the XM numbers...
I agree, but I understand why Sirius XM would contest that fact rather than fold and pay Howard right away. I certainly don't think it's the right thing to do.

[SJ]

stop being reasonable! it's wigging me out :happydance:
:lol:

chob write that down - someone called me reasonable!

It's a first!

;D