The satellite radio provider SiriusXM has been making a push in recent years to expand outside the car, which when you think about it is a smart move to diversify itself away from just those moments when you happen to be on the road and you happen to turn on the radio for a few …
Netflix announced a deal today that will bring the streaming giant’s content to, for the first time, audiences of another subscription media company — opening up an outlet for Netflix via a new medium: Radio. Netflix and SiriusXM have teamed up to launch Netflix is a Joke, a full-time comedy channel that will be exclusive …
It’s the perfect climate for big deals and it looks like another media company is looking to seize the opportunity. SiriusXM on Monday morning announced that it plans to acquire Pandora in an all-stock transaction that values the company at $3.5 billion. Shares of Pandora were up more than 8% in pre-session trading on the …
AT&T (T) is about to get a nice 20MHz chunk of spectrum to bolster its LTE network. Per the Wall Street Journal, the Federal Communications Commission on Wednesday approved an agreement between AT&T and Sirius XM Radio (SIRI) that will let AT&T use some spectrum that Sirius has long warned could interfere with its own …
A lot of of chatter was generated when the team behind StarPlayr announced it was dumping its project to bring Sirius XM content to the iPhone and iPod Touch. Naturally, is was presumed that one of the main reasons for Apple’s decision — though logic is seemingly not always a consideration when Apple rejects apps …
D-Day has arrived for the struggling satellite radio provider and for the time being, all is not lost. Liberty Media has indeed swooped in and pumped $530 million into Sirius XM in order to prevent the company from defaulting on $175 million in debt owed to Echostar today. Echostar’s Charlie Ergen had offered to take …
This past week we gave you a brief glimpse into the nightmare that Sirius XM’s business has become and since then things have basically been a cluster… err, mess. Sirius did take a big step in restructuring some of its future debts – $172.5 million that was due in December is now due in June …
It might not have happened exactly as terrestrial radio had planned while it was sitting in the shadows, stroking a hairless cat and plotting the downfall of satellite, but it looks like the delays it caused by lobbying against the Sirius XM merger may have ended up doing enough damage. According to a report from …
