Categories: satellite radio

Sirius Shareholders Petition Mel Karmazin

Posted by: Olga Kharif on October 23

Today, I heard that more than 180 Sirius XM shareholders have signed a petition demanding that company CEO Mel Karmazin explain how he plans to raise money to fund more than $1 billion in debt coming due next year. “If the plan is to muddle through without a plan. We need to know,” the petition says.

XM-Sirius Deal: Inching Closer, Or Falling Apart?

Posted by: Olga Kharif on July 21

Today’s Motley Fool headline screams, “Just Walk Away, Sirius.” The story suggests that Sirius should walk away from its merger deal with XM rather than accept additional concessions. Well, I disagree.

The Sirius-XM Merger Puzzle

Posted by: Olga Kharif on October 17

In an effort to boost the chances of their merger going through, satellite radio companies Sirius and XM just unveiled…. a puzzle. That’s right, a crossword puzzle.

XM Rally: Big Ado About Nothing?

Posted by: Olga Kharif on August 22

Investors sent XM Satellite Radio’s stock up 10% today on an analyst upgrade report. What’s surprised me about this market reaction is, the analyst report offers hardly any new information.

Should XM and Sirius Lower Their Prices?

Posted by: Olga Kharif on February 17

Many Wall Street analysts expect satellite radio companies to keep increasing their prices. But a new Forrester Research report indicates that XM and Sirius might actually want to start thinking about cutting subscription price tags, instead.