Sirius XM Radio

Sirius XM Radio Launches Streaming to BlackBerry

Authored by Mark Hefflinger on February 4, 2010 - 12:40pm.
i>New York - Sirius XM Radio (NASD: SIRI) announced on Thursday that streaming versions of its satellite radio channels are now available on RIM's (NASD: RIMM) BlackBerry. The Sirius XM App for BlackBerry will stream radio content over cellular and Wi-Fi networks to models including the Storm, Bold, Tour and Curve.

WSJ: Deadline Looms for Sirius XM's Debt Repayment

Authored by Mark Hefflinger on February 2, 2009 - 1:03pm.

Washington - Satellite radio provider Sirius XM (NASD: SIRI) is facing a Feb. 17 deadline to pay back $174.6 million in debt, and is in the midst of talks with several potential investors, The Wall Street Journal reported on Monday.

Sirius XM Radio Debuts MiRGE Interoperable Satellite Radio

Authored by Mark Hefflinger on January 8, 2009 - 2:12pm.

New York - Sirius XM Radio (NASD: SIRI) on Thursday introduced the MiRGE, its first radio that supports reception of both Sirius and XM programming. The $249 MiRGE is scheduled to ship in the early spring. The company will offer a "Sirius Everything plus XM Everything" programming package for $19.99 per month.

Sirius XM Gains Approval to Issue Shares, Enact Reverse Split

Authored by Mark Hefflinger on December 19, 2008 - 11:17am.

Washington - Shareholders of Sirius XM Radio (NASD: SIRI) have approved two new measures aimed at bolstering the company's lagging stock price and paying down debt.

Sirius XM Radio Extends Partnership With BMW

Authored by Mark Hefflinger on November 10, 2008 - 1:05pm.

New York - Sirius XM Radio (NASD: SIRI) said on Monday that it has extended its relationship with automaker BMW through September 2011. The service is currently available as an option on all vehicles along with a one-year bundled subscription included in vehicle prices.

Sirius XM Shareholders Sue Company Management

Authored by Mark Hefflinger on November 3, 2008 - 9:49am.

Los Angeles - A group of over 500 Sirius XM Radio (NASD: SIRI) shareholders has filed a derivative lawsuit against the company's management, alleging violations of federal racketeering laws, as well as breach of fiduciary duty and the Sherman Act.

Sirius XM Radio Renews Live Broadcast Deal With NBA

Authored by Mark Hefflinger on October 28, 2008 - 11:25am.

New York - Sirius XM Radio (NASD: SIRI) announced on Tuesday that it has reached an agreement with the National Basketball Association (NBA) to deliver live NBA games to its subscribers throughout the 2008-09 season. All XM subscribers will have access to all NBA programming, while Sirius subscribers will be able to hear select NBA games through the "Best of XM" programming package add-on.

Sirius XM, Pioneer Introduce Wearable XMp3 Radio

Authored by Mark Hefflinger on October 16, 2008 - 12:13pm.

New York - Sirius XM Radio (NASD: SIRI) and device partner Pioneer Electronics on Thursday introduced the XMp3 wearable satellite radio and MP3 player, which it says is the lightest and most compact receiver yet, and the first to offer simultaneous, multi-channel recording capability. The $279 device includes an auto-record feature that can store up to 30 hours of radio programming, as well as a DVR-like feature that automatically buffers the most recent 30 minutes of programming for easy replay.

Sirius XM Radio Cuts at Least 50 Jobs

Authored by Mark Hefflinger on October 16, 2008 - 8:11am.

Washington - Sirius XM Radio (NASD: SIRI), the satellite radio provider created by the recent $3.3 billion merger of XM with Sirius, has laid off at least 50 on- and off-air employees, The Washington Post reported on Thursday, citing an unnamed source with direct knowledge of the cuts.

Sirius XM Radio Updates Forecast, Details 'Best of Both' Service

Authored by Mark Hefflinger on September 9, 2008 - 9:41am.
New York - Sirius XM Radio (NASD: SIRI) on Tuesday provided an update on its standing post-merger, projecting it will end 2008 with 19.5 million and 2009 with 21.5 million subscribers, with revenue expected to come in at $2.4 billion this year and $2.7 billion in 2009.