SATWAVES

Satwaves Announces Live Coverage Of Sirius XM’s Q4 2009 Results

Feb 22, 2010/Satwaves--Satwaves.com is pleased to announce that it will be providing live blog coverage of Sirius XM Radio's (Nasdaq: SIRI) fourth quarter 2009 and full year 2009 operating results, beginning at 6:00 am EST on Thurday, February 25, 2010. Live coverage from Satwaves is unique, in that it is made possible by software provided by CoveritLive.com. Updates occur automatically and there is no need to refresh the page...simply follow along. The celebration of what promises to be a gr...

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...

Sirius XM CEO Discusses Media, Content & Howard Stern

By Brandon Matthews Last night Sirius XM Radio (NASDAQ:SIRI) CEO Mel Karmazin appeared on The Charlie Rose Show on PBS. The extensive interview began with a recap of the merger process and Liberty Media's (NASDAQ:LMDIA) rescue of Sirius XM earlier this year. Some discussion ensued in which Karmazin was able to detail the nearly $1 Billion swing to profitability the company realized in 2009 from merger synergies. Karmazin and Rose then began a discussion of the history of radio and other me...

Worldspace To Go Silent On December 31

By Brandon Matthews Worldspace (PINK:WRSPQ) is announcing on its website that as of December 31, 2009, it will cease operations of its service in India. This is a surprising turn of events, in that Worldspace had sought to keep its India operations out of its current bankruptcy proceedings. India accounts for 95% of Worldspace's total subscriber base. Worldspace states: "The potential buyer of much of WorldSpace’s global assets has decided not to buy the WorldSpace assets relating to and supp...