8 Million Ears Ago
What do you make of XM Satellite Radio’s announcement yesterday that it landed its 4 millionth subscriber last week? That places the popular satellite radio service on track to close out the year with 5.5 million accounts. In a recent Motley Fool interview, CEO Hugh Panero projected that “XM could have well […]
XM radio surpasses 4 million subscribers
XM Satellite Radio Holdings Inc. said Monday it had surpassed the 4 million subscriber mark and was on track to hit its goal of 5.5 million subscribers by the end of the year.
XM said it added 1 million subscribers since late December. XM’s rival in the satellite radio business, the […]
DirecTV 8 Launch Details Revealed
International Launch Services (ILS) said the window for its May 21 launch of the DirecTV 8 satellite from the Baikonur Cosmodrome in Kazakhstan will open at 1:59 p.m. EDT. The satellite will be delivered to orbit on a Proton M/Breeze M rocket.
Space System/Loral built the DirecTV 8 satellite based on its […]
Sirius Goes After the Parrotheads
Sirius Satellite Radio reached an agreement with singer and songwriter Jimmy Buffett, whose standards include “Cheeseburger in Paradise,” to offer a Radio Margaritaville music channel to its subscribers, providing Parrotheads an around-the-clock option to enjoy the musician’s beach- and ocean-themed stylings.
The new 24-hour channel, which will start this summer, will feature […]
Satellite slugfest: Sirius and XM Radio fight for pay listeners
“You’re in The Mansion with Johansen,” crows the rocker David Johansen, queuing up six hours of Friday-night serendipity - Mary Wells into Big Bill Broonzy into Bread - in a corner studio at Sirius Satellite Radio. “We’re getting our hip ticket punched.”
He has no idea […]
Dish Network to Pay $50,000 for Violating State No Call Law
Satellite television provider EchoStar Communications - which does business as Dish Network - will pay a civil penalty of $50,000 for telemarketing calls made to Missourians on the state’s No Call list in an agreement reached with Attorney General Jay Nixon. Dish Network is the […]
DISH Network Expands High-Definition Package with Addition of VOOM Programming
EchoStar Communications Corporation announced that its DISH Network(TM) satellite TV service will expand its high-definition television (HDTV) package by adding 10 original VOOM HD networks, expected to be available May 1, 2005. With the addition of these originals to its current slate of HD programming, DISH […]
DirecTV posts narrower 1Q loss on revenue
DirecTV Group Inc., the nation’s largest direct broadcast satellite provider, said Monday that first-quarter losses narrowed significantly from last year, due to fewer charges and higher revenue at DirecTV U.S.
Losses narrowed to $41.4 million, or 3 cents per share, from $638.8 million, or 46 cents per share, a year […]
Gravity Grounds DirecTV
Is satellite entertainment giant DirecTV set for new heights, or will the stock stay stuck in low orbit?
Sure, first-quarter results out yesterday were heartening: Subscriber growth helped DirecTV stem losses, prompting the market to push the stock up 5%. All the same, it’s hard to find a good reason to buy into DirecTV […]
Sirius Hops on Podcast Bandwagon
Sirius Satellite Radio is latching onto the podcasting phenomenon, launching a show later this month that will feature a daily selection of the increasingly popular do-it-yourself audio programs.
The move by Sirius (SIRI) comes just days after Infinity (IFNY) said it would convert a struggling talk radio station in San Francisco to […]