November 6, 2009 |
Reggie Jackson remembers hitting the home run, rounding the bases, looking up and seeing a shower of candy bars. It was April 1978, and the New York Yankees had welcomed fans to their home opener by handing out Reggie! bars, a chocolate, caramel and peanut confection named after the Yankees' slugger. How good was the Reggie! bar? Jackson's teammate, Catfish Hunter, famously remarked that when you take a bite out of one, it tells you how good it is. But when Jackson looked up and saw that torrent of chocolate rain, he wasn't sure that commendation was enough.
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.
February 12, 2009 |
DirecTV Group Inc., the largest U.S. satellite-television provider, is in talks with Sirius XM Radio Inc. about a possible deal, according to people close to the situation. An accord may help prevent Sirius XM from seeking bankruptcy protection or agreeing to a deal with satellite company EchoStar Corp. less than a year after Sirius Chief Executive Mel Karmazin completed the merger of the only two U.S. pay-radio providers. Sirius XM has $3.25 billion in total debt and has until Tuesday to repay $175 million in bonds held by EchoStar.
December 6, 2008 |
Popular cable TV host Bill O'Reilly will step down as the host of his syndicated talk radio show early next year, saying he can "no longer give both TV and radio the time they deserve." "The Radio Factor" -- which began in 2002 and runs on more than 400 radio stations, as well as satellite operator Sirius XM Radio Inc. -- will end in the first quarter of 2009, Fox News Channel said. Locally, the show airs weekdays 9-11 a.m. on KABC-AM (790). O'Reilly will continue hosting "The O'Reilly Factor" on the Fox News Channel and writing his weekly newspaper column.
November 13, 2008 |
For more than six years, satellite radio fans always had to make their choices: XM or Sirius, Bob Dylan or Bruce Springsteen, Jimmy Buffett or Tom Petty. On Wednesday -- four months after XM and Sirius merged -- the combined company consolidated its channel listings, so now Sirius subscribers can hear exclusive shows by Dylan and Petty, previously played only on XM.
July 26, 2008 |
Federal regulators formally approved the merger of the nation's only two satellite radio operators Friday, ending a 16-month-long drama closely watched by Washington and Wall Street. Sirius Satellite Radio Inc.'s $3.3-billion buyout of rival XM Satellite Radio Holdings Inc. means that more than 18 million subscribers will be able to receive programming from both services.