John Paczkowski in News on November 1, 2011 at 1:32 pm PT
That forecast for 1.6 million net adds still holds.
Peter Kafka in News on August 8, 2011 at 10:39 am PT
The streaming music service has been open in the U.S. for less than a month, but already has lots people taking a test-run. Some of them are even paying up.
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.
John Paczkowski in News on February 15, 2011 at 6:30 am PT
So much for that new 52-week high Sirius XM Radio hit on the eve of its fourth-quarter earnings Monday. Shares of the satellite-radio operator slid nearly 8 percent this morning, after it posted an unexpected loss.
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 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 August 4, 2010 at 7:49 am PT
“In 2010, investors will get a real indication of how good our performance can be. I feel really good about our future prospects.” That’s what Sirius XM Satellite Radio CEO Mel Karmazin had to say during the company’s second-quarter earnings call this morning, and he had good reason to say it.
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 17, 2010 at 6:45 am PT
Hard to believe: A year ago, Sirius XM Radio shares were trading at around 35 cents and the company was on its way to being slapped with a Nasdaq minimum-bid notice. Today, Sirius shares are trading at $1.15, up nearly 7.5 percent on news of an improved full-year outlook.
