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Sirius XM Keeps Tanking: Now 14 Cents (SIRI)

2008-11-20 17:20:00 by Dan Frommer in Silicon Alley Insider
 
...Sirius XM (SIRI) go? The satellite radio company closed at $0.14 today, down 14% on the day and down 30% from Tuesday, when it closed at $0.20 Why? No Sirius-specific news, again, but more general doom and gloom, and bad news from the auto industry, where Sirius gets most of its new subscribers At least one financial analyst is now even...
 
Tags: sirius, sirius-specific news, company money, company, satellite radio company, market, market cap, stock, million
 
 
 
 
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Sirius XM CEO Mel Karmazin: "The Tough Part Is Over"

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2008-08-07 09:15:00 by Dan Frommer in Silicon Alley Insider
...Sirius (SIRI) did in Q2: The company preannounced preliminary results last week. Subscriber growth is down , but costs are flat, revenue is up 25% to $283 million, and the company posted a 70% smaller adjusted loss from operations than in Q2 of last year So Sirius boss Mel Karmazin used his last standalone earnings call as a cheerleading...
 
Tags: radio, radio revenues, satellite radio penetration, pure-play radio company, satellite radio serves, radio company, sirius, company, individual company issues
 
 
 
 
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Sirius Suits Take Over At Sirius XM Radio (SIRI)

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2008-08-01 14:28:00 by Michael Learmonth in Silicon Alley Insider
...Sirius (SIRI) and mega-personality Mel Karmazin. Today, Mel made it official, naming Sirius execs to four out of five top executive jobs at the "merged" company Mel's new team, according to a memo obtained by MediaWeek Scott Greenstein , Sirius president of entertainment and sports, gets same title at Sirius XM David Frear , Sirus CFO,...
 
Tags: sirius, president, sirius president, sirius-xm, sirius execs, mel karmazin, mel, chief administration officer, top executive jobs
 
 
 
 
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uSirius = Sirius Radio On The iPhone

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2008-06-27 06:49:25 by patrick in Just Another iPhone Blog
...sirius-sirius-radio-on-the-iphone uSirius is a new jailbreak application that brings Sirius radio streaming to the iPhone - and does it quite well Im not a Sirius subscriber and have only got a taste of it occasionally when in friends cars and similar, but this app looks impressive if you are a Sirius user. I signed up for the Sirius 3-day...
 
Tags: sirius radio, sirius, radio, sirius subscriber username, sirius subscriber, iphone, brings sirius radio, sirius user, sirius rookie
 
 
 
 
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Will Apple's iPhone Save Sirius XM? No. (AAPL, SIRI)

2008-08-14 12:47:00 by Dan Frommer in Silicon Alley Insider
 
...Sirius XM (SIRI) deal with slowing growth and competition from other digital music devices ? No In a note today, Citigroup analyst Tony Wible notes that an app could be on the way that brings Sirius content to Apple's iPhone Wible is excited about the idea. "While Apple is generally perceived as a competitor to satellite radio, the streaming...
 
Tags: sirius, iphone, sirius-xm hangover, sirius-xm, brings sirius content, subscribers, sirius subscribers, radio, aol radio
 
 
 
 
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Sirius: Costs Flat, But New Subscribers Plummet 50% (SIRI)

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2008-07-28 14:55:00 by Michael Learmonth in Silicon Alley Insider
Sirius Satellite Radio (SIRI) pre-announced its Q2 results/subscriber numbers today on the eve of its now-approved, $3.6 billion acquisition of XM Satellite Radio (XMSR). The good news: Costs are flat, revenue is up 25%, and the company expects a 70% smaller loss than in Q2 of last year That's about where the good news ends. In the past, Sirius...
 
Tags: sirius, subscribers, satellite radio, sirius satellite radio, sirius merger, merger, sirius-xm, subscribers unprofitably due, siri
 
 
 
 
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Will A La Carte Programming Save Sirius-XM? No (SIRI)

2008-10-02 14:40:00 by Dan Frommer in Silicon Alley Insider
 
Sirius XM Radio (SIRI) has started rolling out some of the features that it promised during its merger review process, like cross-over programming between the two satelite radio services, and new radios that can access a-la-carte programming packages. Sorry, guys -- you're still screwed What's new today? XM subs can add "The Best of Sirius,"...
 
Tags: sirius, sirius liquidity jokes, subs, sirius subs, radio, carte radio, sirius shares, radios, public radio
 
 
 
 
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Yes, Sirius (SIRI) Can Certainly Go To Zero

2008-11-18 19:49:00 by Henry Blodget in Silicon Alley Insider
 
...Sirius (SIRI) on the theory that it had gone so absurdly low ($0.20) that it couldn't go any lower and would probably soon go to $0.30, resulting in a 50% gain. We suggested our friend instead hoard his hard-earned cash Could Sirius go to $0.30? Of course. Could it also go to zero? Yes Mel Karmazin's company currently has an equity market...
 
Tags: sirius, potential stock pick, stock, sirius hits, company money, cash cushion, company, cash, market
 
 
 
 
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Karmazin: Sirius Met Easy Black Friday Goals, Not Cutting Subscription Rates (SIRI)

2008-12-03 16:15:00 by Dan Frommer in Silicon Alley Insider