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Sirius XM Closes Deal With Liberty

As expected, Liberty Media Corp. came to Sirius XM's rescue Tuesday (Feb. 17) just in the nick of time. In a deal announced by both companies, Liberty agreed to invest…

February 17, 2009, 12:00 AM EST

Liberty Media Rides to Sirius XM's Rescue

NEW YORK As expected, Liberty Media Corp. came to Sirius XM's rescue today in the proverbial nick of time. Liberty has agreed to invest an aggregate $530 million in the…

February 17, 2009, 12:00 AM EST

Sirius XM Preps Bankruptcy

As expected, Sirius XM is preparing to file for Chapter 11 bankruptcy protection, according to a report late Wednesday (Feb. 10) in the New York Times. According to the report,…

February 10, 2009, 12:00 AM EST

Report: EchoStar Targets Sirius XM Debt

Charles Ergen's EchoStar Corp has quietly accumulated a substantial portion of Sirius XM Satellite Radio Inc's maturing debt in what could be the first salvo in an attempt to take…

February 6, 2009, 12:00 AM EST

AT&T to Compete With Sirius XM

Generating a big buzz this week at the Consumer Electronics Show in Las Vegas, AT&T Cruisecast is about to offer Sirius XM some competition. Announced last November, Cruisecast is a…

January 9, 2009, 12:00 AM EST

Sirius XM CEO: Revenue Up Over Last Year

Sirius XM expects to conclude the year with 19.1 million subscribers and revenues of $2.4 billion, up from $2.1 billion last year, CEO Mel Karmazin told attendees of the newly…

December 18, 2008, 12:00 AM EST

Sirius XM Takes Impairment Charge

Sirius XM Radio said Monday it took a $4.8 billion impairment charge on the reduced value of assets, and said that it would delay the filing of quarterly reports "for…

November 11, 2008, 12:00 AM EST

Sirius XM Radio Lowers Subscriber Forecasts

Blaming the economy and the dramatic falloff in auto sales, Sirius XM Radio lowered its subscriber forecast for this year and 2009. The company, which made the announcement Thursday (Nov.…

November 6, 2008, 12:00 AM EST

Shareholders File Suit Against Sirius XM

Orange County, Calif., realtor and stock investor Michael Hartleib has formed a group of more than 500 Sirius and XM shareholders who bill themselves as "Save Sirius" claiming the Sirius…

November 4, 2008, 12:00 AM EST

GM's Sirius XM Biz to McCann

DETROIT General Motors has tapped McCann Erickson's office in Birmingham, Mich., already a client roster shop, to promote the use of Sirius XM Radio to owners of new and certified…

November 3, 2008, 12:00 AM EST