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.
December 14, 2010 |
How happy was Sirius XM Radio Inc. Chief Executive Mel Karmazin last week after his biggest star, Howard Stern, agreed to a new five-year contract with the satellite radio broadcaster? "From what I remember it was a good celebration," Karmazin said wryly. Getting Stern to stick around removed one of the big question marks facing Sirius XM. The company, which has weathered a difficult two years of financial uncertainty, needed to keep Stern not only for his listeners but also to signal to the financial community that its momentum is continuing.
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....
January 7, 2009
On the air: Bobby Flay, the chef, restaurateur, cookbook author and television personality, will host Bobby Flay Radio, an exclusive five-week series of live call-in shows on Sirius XM Radio.
February 9, 2012
Sirius XM Radio Inc. (SIRI US) fell 4.1 percent to $2.10. The satellite radio broadcaster reported fourth-quarter revenue was $784 million, falling short of the average analyst estimate of $790.9 million.
March 13, 2009 |
Sirius XM Radio Inc. filed with regulators to offer as much as $1 billion in new securities. The so-called shelf registration with the Securities and Exchange Commission paves the way for an offering of stock or debt.