John Paczkowski in News on November 1, 2011 at 1:32 pm PT
That forecast for 1.6 million net adds still holds.
John Paczkowski in News on January 21, 2011 at 2:51 pm PT
Looks like Sirius XM’s run of good luck will continue well into the new year. New-vehicle retail sales data from J.D. Power and Associates suggests an increase in consumer demand for new cars. And for Sirius that means continued subsciber growth–perhaps even significant subscriber growth.
John Paczkowski in News on October 14, 2010 at 12:01 am PT
Another milestone for Sirius XM. Shares in the satellite radio broadcaster hit a new 52-week high Wednesday after the company said new-subscriber growth tripled in the third quarter.
John Paczkowski in News on July 7, 2010 at 6:24 am PT
Just about this time a year ago, Sirius XM Radio was up a certain creek with nary a paddle in sight. Its shares were trading at around 35 cents, it was hemorrhaging money, and anemic car sales had just led it to post its first-ever decline in net subscriber additions. Which makes the satellite-radio operator’s announcement of a nice spike in subscribership today all the more sweet.
John Paczkowski in News on May 4, 2010 at 5:01 am PT
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings this morning, the company reported a profit of $41.6 million, or one cent a share, compared with a year-earlier loss of $52.6 million, or seven cents a share.
Voices
Amy Schatz, Reporter, The Wall Street Journal in News on May 3, 2010 at 5:00 am PT
A Federal Communications Commission plan to expand wireless Internet access is raising the ire of Sirius XM Radio Inc. and its fans, who are concerned the effort to end a 13-year fight may interfere with satellite-radio programming.
John Paczkowski in News on March 18, 2010 at 4:10 am PT
It was inevitable, really. Having given up the gains that pushed its shares past $1 and failed to close over that threshold for 10 straight days by March 15, Sirius XM invited a delisting notice. And Wednesday afternoon Nasdaq gave it one.
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.
John Paczkowski in News on February 3, 2010 at 6:15 am PT
With Howard Stern’s five-year Sirius XM satellite radio deal set to expire in January 2011, there’s been a fair bit of speculation that he might return to terrestrial. Given Stern’s obvious affinity for the permissiveness of satellite, it seems unlikely that he’d ever give it up to return to “regular” radio, but would he decamp for Internet radio? Sirius CEO Mel Karmazin doesn’t seem to think so.
John Paczkowski in News on January 21, 2010 at 1:00 pm PT
Is Howard Stern going to return to terrestrial radio? That seems highly unlikely given his obvious affinity for the…permissiveness of satellite. But the radio show host isn’t above threatening to return to earth as part of his contract negotiations.
