Net News search results for: sirius xm radio ceo mel karmazin
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September 15, 2011
SiriusXM Announces Base Price Increase While Reporting Financial Guidance
SIRIUS XM RADIO has provided 2012 financial and subscriber guidance and affirmed its previous guidance for 2011. CEO MEL KARMAZIN also announced price increases in JANUARY 2012, with the base price rising from $12.95 to $14.49 per month. As part of the … more »
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August 2, 2011
SiriusXM Reports Positive Second Quarter 2011 Results
SIRIUS XM RADIO TODAY (8/2) announced second-quarter 2011 results, including revenue of $744 million, up 6% over second-quarter 2010 revenue of $700 million, and adjusted EBITDA of $185 million, up 20% from $154 million in the second quarter of 2010. … more »
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July 11, 2011
SiriusXM To Join The NASDAQ-100 Index
SIRIUSXM RADIO will be added to the NASDAQ-100 INDEX effective JULY 15th. SIRIUSXM's common shares will also be included in the PowerShares QQQ exchange traded fund. "We are pleased to be included in the NASDAQ-100 INDEX," said CEO MEL … more »
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May 20, 2011
Another Sirius XM Lawsuit Seeks To Push Out Mel Karmazin
Earlier this week (NET NEWS 5/17), ALL ACCESS reported that as part of a settlement with subscriber CARL BLESSING, SIRIUS XM said they would hold the line on subscription rates. The company said in an SEC filing that through DECEMBER 31st, it wouldn't … more »
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May 10, 2011
Katz's Mary Beth Garber Puts Sirius XM Claims in 'Proper Perspective'
KATZ RADIO GROUP EVP/Radio Analysis and Insights MARY BETH GARBER has taken issue with comments made by SIRIUS XM CEO MEL KARMAZIN during a recent quarterly report to analysts, reporters. She asserts that KARMAZIN "invented some numbers pertaining … more »
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May 3, 2011
SiriusXM Reports First Quarter 2011 Financials
SIRIUSXM RADIO has released its first quarter 2011 results, including revenue of $724 million, up 9% over first quarter 2010 revenue of $664 million, and adjusted EBITDA of $181 million, up 15% from $158 million in the first quarter of 2010. … more »
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April 13, 2011
Sirius XM Heading Downtown?
Is SIRIUS XM RADIO looking to leave its longtime home at 1221 Avenue of the Americas in MANHATTAN? THE NEW YORK OBSERVER says yes -- writing, "the mystery midtown media tenant that wants to fill SL GREEN's 100 Church Street has been revealed as … more »
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February 15, 2011
SiriusXM Reports 'Record Revenues' For 2010
SIRIUS XM RADIO has released their full year 2010 and Q4 financial results. The 2010 Highlights * Subscribers Grow to Record 20.2 Million * Revenue of $2.82 Billion, Up 14% Over 2009 * Adjusted EBITDA of $626 Million, Up 35% Over 2009 * Free Cash Flow of … more »
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December 9, 2010
Stern Stays With Sirius XM
HOWARD STERN told listeners TODAY (12/9) that he has inked a new five-year deal with SIRIUS XM RADIO. The deal, with terms as yet undisclosed, follows widespread speculation about STERN's future as his previous five-year contract neared expiration at the … more »
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December 8, 2010
CBS' Moonves Paints Upbeat Revenue Picture
At the UBS Global Media and Communications Conference in NEW YORK TUESDAY (12/8), CBS CORPORATION President/CEO LES MOONVES said that the company is seeing the advertising market continue to grow with radio up in the single percentage digits but … more »