March 12, 2009
Orbitcast is live blogging the full-year 2008 and fourth-quarter 2008 investor conference call. Keep hitting the refresh button to see the latest updates. Regular old introductions of "forward looking statements" David Frear is on right now talking about how the company still managed to grow despite...
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Ryan Saghir
at 12:02 PM
March 11, 2009
CNBC's Maria Bartiromo interviewed Liberty Media's president and CEO Greg Maffei yesterday to gather some insight into the decision to invest in Sirius XM Radio Inc. and to learn about the company's future prospects. Maffei sounds highly optimistic (he sort of has to after dumping $530 million into ...
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Ryan Saghir
at 9:57 AM
February 16, 2009
A group of creditors have threatened to remove Sirius XM Radio Inc. CEO Mel Karmazin if the company chooses to file for bankruptcy over a striking a deal with an investor that would allow it to remain solvent, reports the Wall Street Journal. Additionally, the WSJ is reporting that a final decision ...
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Ryan Saghir
at 1:14 PM
February 11, 2009
With all this talk about debt and takeovers, it's easy to look only this through the eyes of shareholders and the company. But how would a Sirius XM bankruptcy affect subscribers? According to analysts, consumers can breathe easy. According to CNN Money, even if Sirius XM files for bankruptcy, analy...
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Ryan Saghir
at 8:50 PM
January 27, 2009
Oh sure, we've known about the Sirius XM price increases for a while, and even got confirmation from Customer Service reps, but those CS folks are hardly valid sources of information. But nothing says "official" like a good ol' website page. And XM made the first move, adding a new page today outlin...
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Ryan Saghir
at 3:03 PM
January 22, 2009
The rumors that Sirius XM Radio Inc. are raising the rates of some subscription packages have been confirmed by Reuters , as well as by several others. Sirius XM representatives haven't denied it to me either, which isn't "a confirmation" but it doesn't leave much room for doubt. So we now know that...
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Ryan Saghir
at 2:54 PM
January 16, 2009
Sirius XM Radio Inc. was able to exchange more common stock for debt, again, this time it's 100 million shares for $13 million worth of 2.5% notes due this year. Meanwhile, a group of shareholders led by the exuberant Michael Hartleib has demanded to review Sirius XM's books under Delaware law. Whil...
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Ryan Saghir
at 3:04 AM
December 04, 2008
Sirius XM Radio Inc. CEO Mel Karmazin said that he forecasts double-digit revenue growth in Q4 and is confident the company can refinance debt due in 2009, at the Reuters Media Summit today in New York. "The merger has made us control our costs (and) we are dealing with going to significant profitab...
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Ryan Saghir
at 2:58 AM
November 24, 2008
Scott Greenstein, President and Chief Content Officer at Sirius XM Radio Inc., doesn't have a job that involves easy decisions. Not only does he oversee what music, sports and talk programming nearly 19 million subscribers get to choose from. But on November 12th, Scott and his team had the daunting...
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Ryan Saghir
at 9:26 PM




