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Earnings
Sirius XM Reports Record 19.5 Million Subs, Up More Than 1.1 Million

Jul 7, 2010 9:24 AM

The Sirius XM (NSDQ: SIRI) subscription turnaround continues. The satellite radio company reported its highest subscription numbers yet: 19,527,448 subs. That’s more than 1.1 million net new subs since June 30, 2009. For some sense of how big the shift was:

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Posted In: Media & Publishing, Radio, Money, Earnings, sirius xm radio

GMG Buys UBC’s MXR, Takes Its iTunes Tagging Service

Jun 21, 2010 9:22 AM

By Mark Sweney: UBC Media has sold its stake in radio multiplex MXR to Guardian Media Group and struck a deal to allow listeners across the group’s 12 radio stations to tag songs on iTunes to make buying tracks easier. The company, which supplies multimedia content to the BBC and…

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Posted In: Entertainment, Music, Media & Publishing, Radio, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Guardian Media Group, mxr, ubc media

NPR, PBS, APM, PRI And PRX Band Together For Shared Digital Platform

Jun 14, 2010 10:06 AM

The Corporation for Public Broadcasting has committed nearly $1 million for five national public media orgs to build a common digital platform. NPR, PBS, American Public Media, Public Radio International (PRI), and the Public Radio Exchange want a better way to share their own public media content and to encourage…

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Posted In: Media & Publishing, Radio, TV, Technologies / Formats, american public media, npr, pbs, pri, prx

@ D8: Video: NPR CEO Vivian Schiller: ‘We’re Agnostic’

Jun 2, 2010 7:05 PM

NPR CEO Vivian Schiller—the only woman speaker featured here this year—wowed the tough D8 crowd with a witty video featuring various new NPR “products” in development including Scott Simon in 3D and a Chatroulette version of game show Wait, Wait, Don’t Tell Me. And she talked some real business, too.…

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Posted In: Media & Publishing, Radio, Events, D Conference, npr, vivian schiller

Why Sling—Not Sirius XM—Was My Stanley Cup Road Trip Savior

May 31, 2010 11:00 PM

Our six-month trial for Sirius XM (NSDQ: SIRI) expired May 24—and the company’s flawed customer service may keep it dark. My own experience with Sirius XM’s efforts to convert trial subs that come with new cars into paying customers already if had me wondering if the company could do better…

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Posted In: Entertainment, Sports, Media & Publishing, Radio, Mobile, nhl, sirius xm radio, sling

Sirius XM Ups Its Estimate For Subscriber Adds By 50 Percent

May 17, 2010 1:30 PM

Sirius XM (NSDQ: SIRI) CEO Mel Karmazin said last month in pre-announcing the company’s quarterly results that Sirius XM’s subscription stats had shown a “remarkably positive turn”—and the company is now adjusting its guidance for the remainder of the year to reflect that. It now expects to add 750,000 net…

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Posted In: Media & Publishing, Radio, Research & Metrics, Metrics, sirius xm radio

Jelli Gets $7 Million For Crowdsourced Radio

May 13, 2010 12:40 PM

Jelli, a startup trying to shake up the traditional radio industry by letting listeners control what songs are played on air, has raised $7 million in a round of funding five months after raising a first round. With Jelli, radio listeners search through an online catalog of songs and vote…

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Posted In: Media & Publishing, Radio, Money, M&A & Venture Capital, Venture Capital, Social Media, battery ventures, first round capital, jelli

Earnings
Sirius Swings To Profit, But Just Misses On Revs

May 4, 2010 7:48 AM

After a long struggle, Sirius XM Radio (NSDQ: SIRI) has shown improvement lately and has certainly tried to give the market enough hints about what it hopes is the start of a turnaround. So unsurprisingly, the satellite radio company swung to a profit of $41.6 million ($0.01 per share) versus…

EPS* Rev. vs Q109 Net Inc. vs Q109
Sirius XM Radio Release Beat Analysts' Estimates Revenue Indicator 11% Net Income Indicator 117%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Radio, Money, Earnings, sirius xm radio

Could Sirius Do A Better Sales Job?

May 3, 2010 3:26 PM

When Sirius XM (NSDQ: SIRI) announces its earnings before the market opens Tuesday, analysts will be looking for financial results; the subscriber numbers were pre-released weeks ago with improvements in every key area, including converting trial subs to paying. But could that 45.2 percent conversion rate be even better if…

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Posted In: Media & Publishing, Radio, sirius xm radio

Sirius Dips Into The Online Vault In Hunt For New Car Subs

Apr 20, 2010 2:06 PM

Sirius XM (NSDQ: SIRI) has some positive momentum—and it seems, at least one creative marketer trying to flip former online users into paying car subscribers. The company is offering folks who’ve tried the service online a free radio and one month’s free service in exchange for setting up billing that…

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Posted In: Media & Publishing, Radio, sirius xm radio

Personalized Talk Radio Service Stitcher Closes $6 Million Second Round

Apr 6, 2010 9:00 AM

Stitcher, a service that lets talk radio listeners move programs to their mobile devices, has completed a $6 million second round funding. The round was led by Benchmark Capital. Previous backer New Atlantic Ventures also participated, as did individual investors Ed Scott and Ron Conway. San Francisco-based Stitcher plans to…

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Posted In: Media & Publishing, Podcasting, Radio, Mobile, Money, M&A & Venture Capital, Venture Capital, benchmark capital, ed scott, new atlantic ventures, ron conway, stitcher

BlogTalkRadio Raises $1.9 Million Second Round

Mar 29, 2010 5:39 PM

Live webcasting service BlogTalkRadio has raised a $1.9 million second round funding, Techcrunch reported. The company plans to use the proceeds to build out additional verticals across the site, in addition to categories including business, education, legal, science and politics. The Lakewood, NJ-based company, which raised $4.6 million almost two…

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Posted In: Media & Publishing, Online News, Podcasting, Radio, Money, M&A & Venture Capital, Venture Capital, Social Media

Liberty Cuts Off ‘Strategic Transaction’ Talks With WorldSpace

Mar 17, 2010 2:20 AM

The end could be near for bankrupt satellite radio firm WorldSpace. The company put out a terse statement this afternoon saying that its “strategic transaction negotiations” with creditor Liberty Media (NSDQ: LINTA) had been terminated by that company. Ominously, WorldSpace—which had raised $150 million in an IPO in July 2005…

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Posted In: Media & Publishing, Radio, Money, Bankruptcy, Companies, Adobe, Liberty Media, worldspace

CBS Adds Live 3G Streaming To March Madness App; Charges $9.99

Mar 8, 2010 12:01 AM

No need to duck out of work early, now you can watch March Madness games live over your iPhone, and for the first time—anywhere over AT&T’s 3G network. The application, which is expected to be available Monday on iTunes, will cost $9.99—twice as much as last year’s version that was…

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Posted In: Advertising, Entertainment, Sports, Media & Publishing, Radio, TV, Mobile, Technologies / Formats, 3G, Companies, Apple, iPhone, AT&T, CBS, march madness

Earnings
Sirius XM Reports First Quarterly Profit

Feb 25, 2010 11:14 AM

Sirius XM (NSDQ: SIRI) CEO Mel Karmazin has said for months now that his company’s performance would improve considerably soon—and on Thursday he delivered. Sirius XM posted a six percent increase in revenue to $684 million and net income of $14 million, up from a net loss of $246 million…

EPS* Rev. vs Q0408 Net Inc. vs Q0408
Sirius XM Release Beat Analysts' Estimates Revenue Indicator 6% Net Income Indicator 106%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Media & Publishing, Radio, TV, Satellite, Money, Earnings, sirius xm radio

Analyst Taking New Look At Sirius Sees Loyal Subscribers Willing To Pay Higher Fees

Jan 26, 2010 5:24 PM

Lazard Capital Markets’ Barton Crockett initiated coverage of Sirius XM (NSDQ: SIRI) today with a “buy” rating and a $1.00 target—due in large measure to the way subscribers are accepting higher costs. The changed outlook overall for Sirius doesn’t hurt: “After surviving a close brush with bankruptcy in early 2009,…

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Posted In: Entertainment, Music, Media & Publishing, Radio, barton crockett, sirius xm radio

Air America Ceasing Live Broadcasts, Will Declare Bankruptcy

Jan 21, 2010 5:01 PM

It’s a tough week for liberals… Barely a day after the Democrats lost a crucial Senate seat, lefty radio network Air America is calling it quits. In an unsigned announcement on its website, the company says it will cease live broadcasts and will soon file for Chapter 11 bankruptcy protection.…

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Posted In: Media & Publishing, Radio, Money, Bankruptcy, air america

Sirius XM CEO Says Auto Market Is Improving And Taking Sat Radio With It

Jan 19, 2010 7:12 PM

Sirius XM (NSDQ: SIRI) doesn’t announce year-end earnings officially until February but CEO Mel Karmazin didn’t wait to spread some good news for a change. The satellite radio provider claims 247,182 net adds in Q4, the highest number since Q308, for a year-end total of 15,703,932 subs. In a statement,…

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Posted In: Media & Publishing, Radio, mel karmazin, sirius xm radio

Jelli Raises $2 Million For Crowdsourced Radio

Jan 7, 2010 4:00 PM

Jelli has raised $2 million from a group of angel investors for its service, which lets users dictate what songs they want to hear on traditional radio stations. With Jelli, radio listeners can vote online on what songs they want to listen to; participants can also earn virtual points which…

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Posted In: Media & Publishing, Radio, Money, M&A & Venture Capital, Venture Capital

Pandora Partners With Pioneer On Internet Radio For Cars

Jan 6, 2010 4:55 PM

Streaming music provider Pandora has struck a deal with electronics manufacturer Pioneer that will connect the internet radio service to users’ cars. The companies announced the deal at the Consumer Electronics Show in Las Vegas. The deal could represent a considerable threat to Sirius (NSDQ: SIRI) XM’s satellite radio service,…

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Posted In: Entertainment, Music, Marketing, Media & Publishing, Radio, Mobile, Social Media, Events, CES, Companies, Apple, iPhone

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