SATWAVES

Sirius XM To Report Better Than Expected Earnings

By Brandon Matthews The first clue to Sirius XM Radio's (Nasdaq: SIRI) earnings possibilities came form Liberty Media (Nasdaq: LMDIA) CEO Greg Maffei, while speaking at the recent Citi Media Conference. Maffei dropped a bombshell on those in attendance when he announced that Sirius XM will be "very profitable," and that the bulk of it's NOLs will be consumed by earnings. Recent trading action in shares of SIRI suggests that the market is also anticipating positive earnings for the first ti...

Liberty CEO: Sirius XM To Be Very Profitable, NOL’s Will Be Consumed By Earnings

By Brandon Matthews Liberty Media (NASDAQ: LMDIA) President and CEO Greg Maffei presented at the Citi 20th Annual Global Entertainment, Media, and Telecommunications Conference Wednesday, January 6 from the Palace Hotel in San Francisco, California. In 2009, Liberty Capital (NASDAQ: LCAPA) took a 40% stake in Sirius XM Radio (NASDAQ: SIRI). Since the time of Liberty's investment into Sirius XM, many have speculated that the target of Liberty's acquisition were the $7 Billion in net operati...

TheStreet.com Misrepresents Sirius XM Yet Again

Will they never learn their lesson? In an article posted Friday afternoon, Scott Moritz of The Street Dot Com (TSCM) wrote an outright bash piece of Sirius XM (SIRI). I will refrain from posting a link to the article because it does not deserve the clicks. Here at Satwaves, Brandon Matthews has already posted many of the slam pieces that Mad Money "star" Jim Cramer has published. I was going to blow it off and let it be, but it really was just too much and needed to be responded to. As we all...

Mega Media Merger! Sirius XM Radio To Buy Sirius XM Radio?

By Brandon Matthews Is the media deal of the century about to take place? According to a Reuters news report, Greg Maffei of Liberty Media (LINTA) expects to "spin-off" Liberty's preferred stake in Sirius XM Radio, which represents a 40 percent interest in the company, "at some point." I have been speculating about this since last April, when I first wrote about the prospects of Sirius XM Radio (SIRI) reversing the February deal with Liberty Capital (LCAPA) that staved off bankruptcy. M...