John Paczkowski

Recent Posts by John Paczkowski

Not Bad, Sirius. Not Bad.

imagesThe winter holidays were particularly kind to Sirius XM.

Consider this: For the satellite radio company’s current quarter, RBC Capital Markets expected Sirius (SIRI) to add 49,000 new subscribers. At the time it was issued, that projection was described as “cautiously optimistic.” And it was…far too cautious. Because after market close Tuesday, Sirius said it added 257,028 net new subscribers in the fourth quarter–the most since the third quarter of 2008.

The company ended the year with 18,772,758 subscribers. Now that’s not the 20.6 million for which CEO Mel Karmazin had been hoping, but it’s impressive nonetheless and suggests that Sirius may indeed be turning the corner. Further evidence: The company also said it will report more than $100 million in free cash flow for the full year. This, after posting negative free cash flow of $552 million in 2008.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald