SIRIUS XM Radio Inc.

News and overview for SIRIUS XM Radio Inc.

Parsons signs off as board chairman at Sirius XM Radio
NAB SmartBrief | 11 days 10 hours 15 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 says chairman resigns, names LA Times publisher Eddy Hartenstein to role
Sun (Baltimore), The | 8 days 7 hours 45 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.


Sirius Makes Strides in Third Quarter
Wall Street Journal, The | 17 days 22 hours 52 minutes ago
For the first time since December, Sirius XM Radio Inc. began adding subscribers, a promising sign for the paid-radio business.


Sirius XM Radio: XM Founder Parsons Resigns As Chairman
Wall Street Journal, The | 11 days 17 hours 59 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.


Sirius XM 3Q loss narrows as revenue rises - Technology - MiamiHerald.com
Miami Herald, The | 18 days 16 hours 45 minutes ago
NEW YORK -- 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 Technology
Sacramento Bee (Calif.), The | 18 days 16 hours 42 minutes ago
NEW YORK -- 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.


S&P ups credit rating outlook of Sirius XM Radio
Centre Daily Times (State College, Pa.) | 12 days 15 hours 48 minutes ago
NEW YORK A credit ratings agency on Wednesday raised its outlook on Sirius XM Radio Inc. and its subsidiaries, citing improving profitability.


Sirius Says Loss Narrowed in Third Quarter
Wall Street Journal, The | 18 days 16 hours 51 minutes ago
BySARAH MCBRIDE For the first time since December, Sirius XM Radio Inc. began adding subscribers, a promising sign for the paid-radio business.


Sirius Sends Solid Signal With Revenue Growth
Wall Street Journal, The | 18 days 9 hours 49 minutes ago
For the first time since December, Sirius XM Radio Inc. began adding subscribers, a promising sign for the paid-radio business.


Parsons Resigns as Chairman of Sirius XM Radio
Wall Street Journal, The | 11 days 15 hours 1 minute 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 3Q Loss Narrows as Revenue Rises
ABC News | 18 days 16 hours 55 minutes ago
Sirius XM 3Q loss narrows on smaller charges and higher revenue


Some top Sirius XM execs are cashing in
NAB SmartBrief | 48 days 11 hours 15 minutes ago
Five top executives at Sirius XM Radio Inc. since May have made nearly $3.2 million through the sale of 7 million shares of stock. No executive at the satcaster has bought more than a token amount of stock since August 2008, according to this article.


S&P ups credit rating outlook of Sirius XM Radio
Seattle Times, The | 12 days 16 hours 58 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.


Wire Business News
Sacramento Bee (Calif.), The | 12 days 16 hours 49 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 | 12 days 16 hours 48 minutes ago
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Company Overview


Company: SIRIUS XM Radio Inc.
Industry: Radio Broadcasting & Programming
Website: http://www.sirius.com

You might say radio programming from this company comes from a higher plane. SIRIUS XM Radio (formerly Sirius Satellite Radio) operates a satellite radio system serving more than 18 million subscribers with more than 250 channels of CD-quality music, news, and talk shows. Its programming includes sports content from the National Football League, NASCAR, and major college games, as well as talk show hosts including Howard Stern, Martha Stewart, and Oprah Winfrey. The company has equipment alliances with several automakers; it also sells satellite radio equipment through its Web site and through such retail outlets as Best Buy, RadioShack, and Wal-Mart.


Key Numbers

Sales in U.S. Dollars (mil.) 1,664 (2008)
One-year % Growth in Sales 80.5 (2008)
Net Income in U.S. Dollars (mil.) -5,313.3 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 1,640 (2008)
One-year % Growth in Number of Employees 68.6 (2008)
Fiscal Year-End December