SATWAVES

Liberty CEO Confirms Potential Buyout of Sirius XM

By Brandon Matthews Sirius XM Radio (Nasdaq: SIRI) reported its 2009 operating results on Thursday, which by any measure were no less than outstanding. Sirius reported positive earnings as a follow up to its pre-announced subscriber numbers, several weeks ago. Most had expected to see an increase in subscriber acquisition costs (SAC) and a decrease in average revenue per user (ARPU). That was not to be the case as Sirius XM reported that (ARPU) grew to $10.92 from $10.65, and a year over year...

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...