Mel Karmazin »
Sirius XM CEO to Step Down in February
SiriusXM CEO Mel Karmazin said he will leave the satellite radio company on February 1, 2013, after his current contract expires. Karmazin will also leave the SiriusXM Board of Directors at that time, announced
Read More »Sirius Fights Back Against Liberty Media
Sirius XM disclosed last week that Liberty Media is seeking to take ‘de facto’ control of the satellite radio company, and Sirius, in turn, filed a petition with the FCC asking to deny Liberty’s
Read More »Sirius XM Announces On Demand and Personalized Radio
Sirius XM confirmed it will launch two new premium services for its Internet subscribers including an on-demand service that will let subscribers access some of the best content on satellite radio. CEO Mel Karmazin
Read More »SiriusXM Posts Record Quarter in Revenue
Despite a weak economy and mounting competition, SiriusXM Radio said it added 334,000 net new subscribers in the third quarter, and total subscribers also reached a record 21.3 million and Karmazin predicted continued subscriber
Read More »Sirius XM Confirms Lynx with WiFi, Bluetooth, Android
SiriusXM confirmed it will offer a Lynx plug and play 2.0 radio due at the end of the year, which will have a high resolution, color touch screen and will be based on Android.
Read More »Sirius XM Gets OK To Raise Prices as Subs Pass 21M for First Time
Sirius XM subscribers exceeded 21 million for the first time as the satellite radio company reported record revenue of $744 million in Q2 due to auto sales growth and increased OEM penetration. In addition,
Read More »Sirius XM Won’t Raise Prices in 2011
Sirius XM said it won’t raise prices this year. The satellite radio company’s promise is part of the legal settlement of a suit filed by a subscriber in 2009 and that later became a
Read More »Sirius XM: Strongest Q1 in Subs in Years
Sirius XM’ reported its strongest subscriber growth in Q1 in three years due to brisk auto sales. Net subscribers rose by 373,064 in the quarter, up 118 percent over last year’s first quarter. Total
Read More »Sat Radio 2.0 May Offer On-Demand Programs
Satellite Radio 2.0 will get a fall launch by Sirius XM, and it will offer on-demand programs and time shifting, said CNET citing a source close to Sirius XM. With the new platform, if
Read More »Satellite Radio 2.0 Called ‘Impressive’
The details on Satellite Radio 2.0 are still very much a mystery, but Wunderlich Securities said the service is ‘impressive,’ at least in the eyes of Sirius XM’s OEM partners who have seen the
Read More »Sirius XM Adds More Subscribers
By Amy Gilroy Sirius XM Radio continues to add subscribers as the auto industry and the economy improves. The satellite radio company today said it added 171,441 net new subscribers in the first quarter
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