XM Satellite Radio Holdings Inc.

News and overview for XM Satellite Radio Holdings Inc.

Sirius XM Radio Chairman Gary Parsons resigns
Plain Dealer (Cleveland), The | 3 days 8 hours 27 minutes ago
Sirius XM Radio said Thursday that Gary Parsons has resigned as chairman and a member of the board and will be succeeded by Los Angeles Times publisher and CEO Eddy W. Hartenstein as non-executive chairman.


S&P raises credit rating outlook of Sirius XM Radio, citing improving profitability
Orlando Sentinel (Fla.) | 9 days 9 hours 19 minutes ago
NEW YORK (AP) — A credit ratings agency on Wednesday raised its outlook on Sirius XM Radio Inc. and its subsidiaries, citing improving profitability.


Sirius XM 3Q loss narrows as revenue rises
Richmond Times-Dispatch (Va.) | 15 days 9 hours 1 minute ago
Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.


Sirius XM 3Q loss narrows on smaller charges and higher revenue -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 15 days 8 hours 55 minutes ago
Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.


Sirius XM 3Q loss narrows on smaller charges and higher revenue
Sun (Baltimore), The | 15 days 8 hours 54 minutes ago
Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.


Parsons signs off as board chairman at Sirius XM Radio
NAB SmartBrief | 8 days 2 hours 30 minutes ago
Gary Parsons, founder of XM Satellite Radio Holdings, has resigned as chairman of Sirius XM Radio Inc. He will be succeeded by Eddy Hartenstein, publisher and chief executive of the Los Angeles Times.


Sirius XM Radio: XM Founder Parsons Resigns As Chairman
Wall Street Journal, The | 8 days 10 hours 14 minutes ago
DOW JONES NEWSWIRES Sirius XM Radio Inc. (SIRI) said XM Satellite Radio founder Gary Parsons resigned as chairman and the board appointed independent director Eddy Hartenstein as nonexecutive chairman.


Parsons Resigns as Chairman of Sirius XM Radio
Wall Street Journal, The | 8 days 7 hours 16 minutes ago
Sirius XM Radio Inc. said Gary Parsons resigned as chairman and will be succeeded by independent director Eddy Hartenstein, publisher and chief executive of the Los Angeles Times.


Sirius XM Radio says chairman resigns, names LA Times publisher Eddy Hartenstein to role
Sun (Baltimore), The | 5 days ago
Sirius XM Radio said Thursday that Gary Parsons has resigned as chairman and a member of the board and will be succeeded by Los Angeles Times publisher and CEO Eddy W. Hartenstein as non-executive chairman.


S&P ups credit rating outlook of Sirius XM Radio
San Jose Mercury News (Calif.) | 9 days 9 hours 10 minutes ago
NEW YORKA credit ratings agency on Wednesday raised its outlook on Sirius XM Radio Inc.


S&P ups credit rating outlook of Sirius XM Radio
Seattle Times, The | 9 days 9 hours 13 minutes ago
NEW YORK A credit ratings agency on Wednesday raised its outlook on Sirius XM Radio Inc. and its subsidiaries, citing improving profitability. Standard & Poor's Ratings Services upped the company's credit rating outlook to "Positive" from "Stable." A "Positive" outlook means that Sirius XM's rating may be raised over the next six months to two years.


Times publisher named chairman of SIRIUS XM Radio
Los Angeles Times | 8 days 9 hours 57 minutes ago
Eddy Hartenstein has been a director of the satellite radio company since July 2008.


S&P ups credit rating outlook of Sirius XM Radio - National Business - MiamiHerald.com
Miami Herald, The | 9 days 9 hours 5 minutes ago
Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.


Wire Business News
Sacramento Bee (Calif.), The | 9 days 9 hours 4 minutes ago
NEW YORK -- A credit ratings agency on Wednesday raised its outlook on Sirius XM Radio Inc. and its subsidiaries, citing improving profitability.


S&P ups credit rating outlook of Sirius XM Radio - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 9 days 9 hours 3 minutes ago
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Company Overview


Company: XM Satellite Radio Holdings Inc.
Industry: Radio Broadcasting & Programming
Website: http://www.xmradio.com

XM Satellite Radio Holdings is an out-of-this-world radio broadcaster. The company provides direct satellite radio broadcasts to more than 9.5 million US subscribers, offering 170 channels of commercial-free music, as well as news, talk shows, and sports. Offerings cover the spectrum of musical genres, including concerts and programs hosted by such popular artists as Bob Dylan and Ludacris. XM also broadcasts live games from Major League Baseball, the National Hockey League, and college sports. In addition, XM provides local traffic and weather for more than 20 metropolitan markets. Subscription fees make up almost 90% of the company's revenue. XM has agreed to be acquired by rival Sirius Satellite Radio.


Key Numbers

Sales in U.S. Dollars (mil.) 1,136.5 (2007)
One-year % Growth in Sales 21.8 (2007)
Net Income in U.S. Dollars (mil.) -682.4 (2007)
One-year % Growth in Net Income 0.0 (2007)
Number of Employees 1,059 (2007)
One-year % Growth in Number of Employees 23.1 (2007)
Fiscal Year-End December