SATWAVES

Sirius XM Radio CEO Speaks Out Against Reverse Split

By Brandon Matthews In an interview with Sirius XM CEO Mel Karmazin following the Reuters Media Summit held today in New York, Karmazin outlined his case for new listing requirements that would exempt Sirius XM from minimum share price requirements under NASDAQ rules. Mel Karmazin made it clear that the company has until at least March 15, 2010 and will execute a reverse split only for the purpose of remaining listed on the NASDAQ. Karmazin pointed to the fact that Sirius XM Radio (SIRI) r...

Sirius XM CEO Announces Potential Globalization of Service

By Brandon Matthews Speaking at the Reuters Media Summit in New York today, Sirius XM Radio (SIRI) CEO Mel Karmazin described a scenario in which Sirius XM and Liberty Media (LMDIA) may seek to work together to globalize Satellite Radio, through the use of Worldspace assets which were recently purchased by the newly created Liberty Satellite Radio. Karmazin described a situation in which any such venture would be funded by Liberty yet utilize the strategic relationships and experience held...

Sirius XM Ad Campaign Already Paying Dividends

By Brandon Matthews Sirius XM Radio (SIRI) CEO Mel Karmazin announced today that the company's branding campaign, featuring live concert footage by Elvis Presley, is succeeding in promoting the Sirius XM brand. Karmazin indicated that a preliminary check of holiday sales of its products are in line with the company's expectations, to this point stating: "were very much on target to what we anticipated." Karmazin announced at the Reuters Global Media Summit in New York that: "We are in the ...

Exclusive: Murray Arenson Discusses Sirius XM Radio (SIRI)

By Brandon Matthews In another exclusive Satwaves Radio interview, Senior Analyst Murray Arenson of Janco Partners called in to discuss the reasons for the firm's resumption of coverage of Sirius XM Radio (SIRI), with an accumulate rating and .80 price target. Mr. Arenson brilliantly ran a gauntlet of questions as he highlighted both the pros and cons of Sirius XM Radio's business model. Arenson began by discussing the positive momentum trends seen in 2009 including growing free cash flows...

Sirius XM (SIRI) Black Friday Bargain Alert!

by Demian Russian Sirius XM (SIRI) is on sale! Black Friday has brought some amazing deals on Sirius XM. Want the perfect holiday gift for that special someone? You can give them the gift of Satellite Radio and save some big money by taking advantage of one of these limited time specials. They don't have to know you didn't pay full price! TSS Radio is having a special 4 Day Sale from Nov. 27th - 30th. You can get the XM SkyDock for only $97.99 with a FREE additional XM Mini Micro Antenna i...