SATWAVES

Pandora? You Can’t Be Sirius!

By Brandon Matthews There seems to be an insidious new breed of virus making its way across the country. While H1N1 has grabbed the attention of the medical profession and world population, the STupId virus is running rampant across America. The most obvious symptom is the loss of logical thought and common sense. One such example of those afflicted with the ailment can be found in journalists that suggest a $1200.00 Mobile Internet device will somehow allow Pandora to harm Sirius XM Radio (N...

Why The Internet Is No Threat to Sirius XM (SIRI) Satellite Radio

by Demian Russian In news coming out of the Consumer Electronics Show this week in Las Vegas, the Australian-based miRoamer has partnered with Blaupunkt to introduce "the world's first internet car radio." According to a 2009 PR release, the radio will be rolled out as built-in original equipment. Really? When? Do they have an OEM partner? As I looked into this "breaking news" coming out of CES further, I felt a sense of deja vu... You see, this "breaking news" of "the world's first intern...

Content Reigns Supreme At Sirius XM

By Aaron Lilley The third largest radio broadcaster in the nation, Citadel Broadcasting Corporation (OTC:CTDB), filed for bankruptcy in New York on Sunday. The company has reached a deal with its creditors, which will take control of the company, as they have agreed to accept 90% of the equity in the reorganized company in exchange for much of its debt. Just last week, Clear Channel Communications (NYSE: CCO) was able to save itself for the time being by raising $2.5 Billion in a bond offerin...

Sirius XM And The Not-So-Smart Phones

By Chris Stepanik The critics of Sirius XM Radio (Nasdaq: SIRI) have finally come full circle. Seven years ago, I began following the Satellite Radio provider. As the company neared its first one million subscribers, the "glass half empty" critics began to emerge and brilliantly announced through anonymous message board postings, that Internet Radio and 2G/3G cell phone technology would be the demise of any competing entertainment medium. According to their calculations, Satellite Radio was d...

The Next Great SIRI Crisis & A Few Forgotten Facts

By Whitney a.k.a. "The Duke" If you read the financial writers or analysts, SIRI is like some drunken sailor lurching from one crisis to another. Solve one crisis and another one immediately pops up. Sixteen months ago, people were counting down the days until SIRI got a delisting notice. Then the NAZ suspended the delisting rules. Twelve months ago, we were reading that BK was coming on Feb. 15th because SIRI could not pay its bonds due on that date. Enter John Malone and no BK. The BK argu...