SATWAVES

Sirius XM CEO Talks of Future Share Buybacks on Cavuto

By Brandon Matthews In a Fox News exclusive, Sirius XM Radio (SIRI) CEO Mel Karmazin sat down with Neil Cavuto to discuss the current Satellite Radio environment. Karmazin reiterated his position that Sirius XM is now a cash flow growth story as opposed to a subscriber growth story, as he described the newly merged Sirius XM Radio's generation of positive free cash flow. He indicated that free cash flow is what will enable the company to pay down debt, buy back shares of its stock and make ac...

SIRIUS XM Application Surpasses 1 Million Downloads on Apple App Store siri

#1 Free App in the Music category delivers SIRIUS XM's exclusive sports, entertainment, comedy, and commercial-free music channels to users of iPhone and iPod touch. NEW YORK, July 6, 2009 /PRNewswire-FirstCall via COMTEX/ -- SIRIUS XM Radio (SIRI) today announced its application for iPhone and iPod touch has been downloaded over 1 million times from the App Store. The milestone was achieved within 2 weeks of availability. The SIRIUS XM app debuted on the App Store on June 18 and quickly b...