John Paczkowski in News on March 31, 2011 at 2:25 pm PT
More legal woes for Sirius XM. A federal judge has approved a class-action lawsuit alleging the satellite radio network violated antitrust laws following its 2008 merger with XM Satellite Holdings.
Peter Kafka in Media on March 30, 2011 at 1:43 pm PT
Easy! Work for Howard Stern, and get him to get Biz Stone to do it.
John Paczkowski in News on March 22, 2011 at 1:03 pm PT
Last December Howard Stern quelled concerns that he might leave SiriusXM Radio by signing a new five-year contract. Now, just three months later, he’s suing the new company, claiming it bilked him out of the performance-based stock awards promised to him by the old one.
“I’m so over Twitter… it’s too much contact with the fans.”
– Twitter late-bloomer Howard Stern telling his Sirius listeners why he’s already tired of the service after less than a month, via Jim Romenesko. While this may disappoint Twitter executives who were praising Stern’s live-tweeting experiment just a few weeks ago, it’s worth noting that the radio pioneer was still playing with the service this morning, presumably after he had groused about it on-air.
Peter Kafka in Media on February 12, 2011 at 3:13 pm PT
Is that the future of TV? Twitter’s ad guys would like to think so.
Peter Kafka in Media on December 9, 2010 at 6:28 am PT
The radio icon gives Mel Karmazin another five years–and some very important mobile rights. Time to give those Sirius iPhone and Android apps another look.
John Paczkowski in News on November 4, 2010 at 7:05 am PT
Another strong set of financials for Sirius XM Radio. Posting third-quarter earnings this morning, the company reported a profit of 2 cents a share, besting analyst estimates for a break-even quarter.
John Paczkowski in News on February 17, 2010 at 10:59 am PT
Sirius XM Radio is a penny stock no more. Shares of the satellite radio company rose above $1 this morning, the first time they crossed that threshold since September 2008. As I write this, Sirius shares are trading at $1.07, up 11.46 percent for the day.