February 20, 2007 |
The world's two providers of satellite radio agreed Monday to merge in a $4.6-billion deal, vowing to end their brutal battle for customers and work together to persuade more people to pay for a medium that most use for free. In implicitly acknowledging that the market can't support two such services, the deal by Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. also posed a bigger question: Can it support even one? More than 80 million people listen to AM or FM radio.
November 2, 2011 |
Sirius XM Radio Inc.'s subscriber growth received a cool reception on Wall Street as investors became worried that the satellite radio company might lose customers early next year when its 12% price hike takes effect. In announcing its third-quarter earnings Tuesday, the New York company reported 21.3 million subscribers as of Sept. 30. That's up 334,000 from July — mostly from consumers who bought new cars and began subscribing to the service — but below analysts' expectations of as many as 400,000 new subscribers.
HOME & GARDEN
July 31, 2003 |
Satellite radio for the home computer is so addicting, it should be sold on street corners in dicey neighborhoods. The XM Satellite Radio service, which debuted two years ago mostly for use in automobiles, provides 101 channels of niche programming. It gets so specific that it has not just a single oldies channel but one for every decade beginning with the 1940s. But its new personal computer unit truly makes it a jukebox from outer space.
December 10, 2010 |
Howard Stern, the self-described "king of all media," will continue his reign with Sirius XM Radio Inc. Ending speculation that he would take his show to the next frontier ? whatever that might be ? the radio personality said on his morning show Thursday that he had signed a new deal that would keep him with satellite radio broadcaster Sirius XM for five more years. Stern, who turns 57 next month, did not reveal details of the pact, but word that he was staying put was enough for investors to drive up Sirius XM stock about 20% in early-morning trading.
October 8, 2013 |
Barely three months ago, Eddie "Piolín" Sotelo's Spanish-language radio career appeared to be derailed. He had lost his popular "Piolín por la Mañana" morning program amid allegations of sexual and emotional harassment by a male co-worker. In the days that followed, six other former co-workers alleged that they too had been harassed by Sotelo, setting off an ongoing legal skirmish. Although Sotelo repeatedly denied the accusations, he and his longtime employer, the powerful media conglomerate Univision Communications Inc., parted ways in July.
August 3, 2011 |
Sirius XM Radio Inc. says it expects to raise its prices next year now that a federal mandate to freeze subscriber fees has been lifted. "We continue to believe it would be appropriate for us to increase our pricing to be able to continue investing in and delivering the best audio content in the world," said Sirius XM Chief Executive Mel Karmazin during a conference call with analysts Tuesday to discuss the New York company's second-quarter earnings....
September 4, 2013 |
The new elites of Los Angeles-Orange County radio raised their stature even further in August, as both KBIG-FM (104.3) and KLAX-FM (97.9) widened their leads against rivals, according to ratings released Tuesday by Arbitron. KBIG - the "hot adult-contemporary" station that mixes pop and rock, new and not-so-recent, and features artists such as Katy Perry, Peter Gabriel and Taylor Swift - held sole possession of first place for the third time in the last five months. But after more than a year of battling with Top 40 station KIIS-FM (102.7)
April 23, 2013 |
Harry Shearer is wondering what went wrong. His Sunday morning satire program, "Le Show," is syndicated to about 100 public radio stations nationwide and is also available on shortwave radio, NPR Worldwide and as a podcast on iTunes. Yet the station where "Le Show" has originated for more than 29 years, KCRW-FM (89.9) of Santa Monica College, kicked him off the air last week. Instead, it will stream the program over the Internet. KCRW General Manager Jennifer Ferro cast the move partly as a simple matter of math: She's trying to make room for new voices while hanging on to some old ones by putting them online.
November 14, 2012 |
Music is the most mathematical art form, but for classical music station KUSC-FM (91.5), the radio world's arithmetic has turned hostile, spelling nothing but trouble for its ratings. Arbitron, the company that surveys radio listeners to calculate how many tune in to each station, says KUSC has lost more than half its core audience over the last 20 months. Ratings declined moderately during 2010 and the first half of 2011, then went into a tailspin. According to Aribtron's reports, KUSC's average core audience has sunk from nearly 26,000 listeners in 2009 to 9,500 in its latest report - a 63% fall.
CALIFORNIA | LOCAL
November 4, 2013 |
SACRAMENTO -- Former California Senate Majority Leader Dean Florez faces record fines for campaign violations that include using $26,541 in political funds for his personal benefit to buy furniture, concert tickets, fireworks, satellite radio, travel, expensive dinners and gasoline. Florez, a Democrat who represented a San Joaquin Valley district until 2010, has agreed to pay $60,000 in fines, according to documents released Monday by the state Fair Political Practices Commission.