Congress has cleared the way for a potential agreement intended to save the emerging Internet radio market from a crippling hike in copyright royalty rates
A charter member of the Air America team, she's a non-bullying lefty who's finally getting her chance in prime time
Abie Nathan, the peace activist who made a dramatic solo flight to Egypt in a rattletrap single-engine plane and later founded the groundbreaking "Voice of Peace" radio station, died Wednesday. He was 81
XM Satellite Radio and Sirius Satellite Radio say they have completed their merger
The nation's two satellite radio companies have agreed to pay $19.7 million to settle rules violations, a move that is expected to lead to quick approval of their merger
Howard Stern hit the jackpot when he moved satellite radio more than three years ago. He's pocketing $80 million a year and has received Sirius Satellite Radio stock worth roughly $200 million for meeting subscriber growth targets spelled out in his five-year contract.
Goldman Sachs offered an even gloomier forecast for XM and Sirius Thursday. Citing a dramatic slowdown in subscriber growth, high debt costs, refinancing pressure and a shrinking trend in revenue per customer, Goldman analyst Mark Wienkes cut his XM price target to $6.50 from $11.50 and reduced Sirius to $1.75 from $2.25. The $1.75 price on Sirius assumes the proposed merger with XM is approved - on a standalone basis, Wienkes values Sirius at $1.
The proposed merger of the nation's two satellite radio broadcasters -- bogged down in the regulatory process for over a year -- has cleared a major hurdle: The Federal Communications Commission chief is recommending approval of the $3.8 billion deal
Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. For investors and consumers, it can't happen soon enough.
Barack Obama's candidacy has helped make African-American radio personalities sought-after presences
Congress has cleared the way for a potential agreement intended to save the emerging Internet radio market from a crippling hike in copyright royalty rates
A charter member of the Air America team, she's a non-bullying lefty who's finally getting her chance in prime time
Abie Nathan, the peace activist who made a dramatic solo flight to Egypt in a rattletrap single-engine plane and later founded the groundbreaking "Voice of Peace" radio station, died Wednesday. He was 81
XM Satellite Radio and Sirius Satellite Radio say they have completed their merger
The nation's two satellite radio companies have agreed to pay $19.7 million to settle rules violations, a move that is expected to lead to quick approval of their merger
Howard Stern hit the jackpot when he moved satellite radio more than three years ago. He's pocketing $80 million a year and has received Sirius Satellite Radio stock worth roughly $200 million for meeting subscriber growth targets spelled out in his five-year contract.
Goldman Sachs offered an even gloomier forecast for XM and Sirius Thursday. Citing a dramatic slowdown in subscriber growth, high debt costs, refinancing pressure and a shrinking trend in revenue per customer, Goldman analyst Mark Wienkes cut his XM price target to $6.50 from $11.50 and reduced Sirius to $1.75 from $2.25. The $1.75 price on Sirius assumes the proposed merger with XM is approved - on a standalone basis, Wienkes values Sirius at $1.
The proposed merger of the nation's two satellite radio broadcasters -- bogged down in the regulatory process for over a year -- has cleared a major hurdle: The Federal Communications Commission chief is recommending approval of the $3.8 billion deal
Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. For investors and consumers, it can't happen soon enough.
Barack Obama's candidacy has helped make African-American radio personalities sought-after presences
Internet radios are kind of like the Jerry Lewis of consumer electronics--apparently they're really big in Europe, but you don't hear much about them in the states.
Mel Karmazin has proven throughout his career that he's a world class salesman. But with the merger of the nation's two satellite radio broadcasters Sirius and XM nearing its once-improbable completion Karmazin has a real sales challenge: Convincing investors that there's a profitable future ahead for a medium that has conspicuously failed to turn a profit at any time since it was founded a decade ago.
On Monday, the Justice Department approved the $4.6 billon merger of Sirius Radio and XM Satellite Radio Holdings, the nation's only satellite radio providers.
The U.S. Justice Department approved the merger between satellite radio companies Sirius and XM Monday, more than a year after the two companies first announced their deal.
The merger of satellite radio services XM and Sirius, an improbable deal that stalled in Washington for a year, is now facing impending approval.
The Justice Department approved Sirius Satellite Radio's $5 billion buyout of rival XM Satellite Radio on Monday, saying the deal was unlikely to hurt competition or consumers
It broadcasts only three hours a day. Its on-air reporters use fake names. And its operators don't know for sure whether their target audience is listening.
The stalled merger between satellite radio duo XM and Sirius has suddenly lurched into the unknown as Wall Street continues to wait for a verdict from regulators.
Happy Presidents' Day! Since the U.S. markets are closed, businesses don't usually make big announcements on this holiday.
The rumors of my demise have been greatly exaggerated.
HD Radio is the new digital broadcasting standard that has been available in the U.S. for the past several years. While the HD stations are just static-free duplicates of the FM (and some AM) ones you already listen to, the format also offers HD2 (multicast) stations in many markets--digital-only substations that you can't receive on analog radios.
Having survived its freshman hazing, the Zune is back for its sophomore revenge, and the iPod has every reason to be frightened. The Zune 4 (4GB, $149) and Zune 8 (8GB, $199) offer a leaner, lighter version of Microsoft's full-size Zune 80 MP3 player (80GB, $249).
Last winter, inventor John Kanzius was already attempting one seemingly impossible feat -- building a machine to cure cancer with radio waves -- when his device inadvertently succeeded in another: He made saltwater catch fire.
Shareholders approved a deal Tuesday to allow Sirius Satellite Radio Inc. to acquire its rival XM Satellite Radio Holdings Inc. for about $5 billion
Have you heard the news? Small cars are cool again.
On his long commute to the office, George Doty snakes through Houston, Texas, accompanied only by the two satellite radios on the dashboard of his Chevrolet pickup truck and the hum of whatever he has playing.
U.S. broadcaster CBS has settled its termination dispute with fired radio shock jock Don Imus, the company said Tuesday, a possible step toward Imus going to work for a rival broadcaster.
The general director of a local independent radio station in Mogadishu was killed in a roadside bomb explosion Saturday while coming home from the funeral of a murdered colleague shot earlier that day, a journalist with Shabelle Radio told CNN on Sunday.
The XpressR is Audiovox's top-of-the-line XM Satellite Radio receiver, providing a plethora of customizable settings not offered in entry-level units such as the Xpress and Xpress EZ.
XM Satellite Radio said on Tuesday that Hugh Panero, its chief executive and a company founder, will step down in August.
Satellite radio providers Sirius and XM said Monday they can offer consumers a variety of subscription packages that cost up to 46 percent less than current plans if their merger is approved.
Radio broadcaster Cumulus Media Inc. said Monday it agreed to a $1.3 billion buyout by an investor group led by Chief Executive Lewis Dickey and an affiliate of Merrill Lynch Global Private Equity.
Black Sunday has come and gone, and Internet radio has managed to live and play for another day.
It has been nearly five months since Sirius Satellite Radio and XM Satellite Radio announced plans to merge. But the likelihood of the deal passing regulatory muster is still highly uncertain, leaving investors in an uncomfortable state of limbo.
New royalty rates may doom many small stations and the struggling musicians who depend on them.
JVC's KD HDR1 is one of the few in-car stereos on the market that comes with a built-in HD (hybrid digital) radio tuner. HD radio works by sending out a traditional analog signal as well as digital signal, which can be used to transmit text data such as song and artist details.
Fearing a legislative push from Democrats to "fix" conservative-dominated radio shows, Republicans are starting to fight back
If, like me, you're a fan of Internet radio sites such as Pandora or Live365, you'll have to find something else to listen to Tuesday. Dozens of online broadcasters have stopped playing music, in protest of a new levy the government and the music labels are about to impose.
If, like me, you're a fan of Internet radio sites such as Pandora or Live365, you'll have to find something else to listen to next Tuesday. That's the day dozens of online broadcasters go silent, in protest of a new levy the government and the music labels are about to impose.
Digital-audio players are well on their way to becoming the de facto device for every listening scenario: in the car, at home, on the go and all the in-betweens.
Radio isn't exactly rocking nowadays. It's a 100-year-old technology, and many operators cling to tired ways of doing business. Financial results have been about as flat as an old 45: Total revenues for U.S. radio stations, at around $20 billion, have increased less than 1 percent over the past six years.
Don Imus, the tousled and acerbic radio host whose racial remarks engendered a media storm that triggered a swift upending of his career, is not going away quietly even if the imbroglio has all but disappeared from the national conversation in the wake of the Virginia Tech massacre.
Internet radio broadcasts, jeopardized by a royalty payment ruling earlier this year, would get a reprieve under bipartisan legislation introduced in Congress.
Sometimes you find a silver lining in someone else's cloud.
Talk radio host Don Imus has been suspended by CBS and MSNBC for two weeks after he referred to members of the Rutgers women's basketball team as "nappy-headed hos."
MSNBC has canceled its "Imus in the Morning" simulcast, the network announced Wednesday.
Does the Don Imus controversy have an echo quality to it?
Don Imus "has stolen a moment of pure grace from us," the captain of the Rutgers women's basketball team said Tuesday, responding to the uproar over the radio host's description of the players as "nappy-headed hos."
MSNBC and CBS have decided to suspend Don Imus for two weeks following his reference last week to members of the Rutgers women's basketball team as "nappy-headed hos."
Consumers and investors currently can choose between two satellite radio companies. And although Sirius Satellite Radio and XM Satellite Radio are hoping to change that, Wall Street appears to be betting that their merger is not going to get approved.
The National Music Publishers' Association (NMPA) filed a lawsuit against XM Satellite Radio Holdings Inc on Thursday for providing radios that allegedly let users reproduce and distribute copyrighted music without paying appropriate royalties.
A funny thing has happened in the world of radio. Satellite radio companies were supposed to put terrestrial radio operators out of business.
Sirius Satellite Radio chief executive officer Mel Karmazin went to Capitol Hill Wednesday to tell Congress why his company's plan to merge with rival XM Satellite Radio should be approved by regulators.
The Dow ended at a record high Tuesday for the second straight session, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in select tech shares.
The Dow ended at a record high Tuesday for the second straight session, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in select tech shares.
The Nasdaq composite led a broader stock market advance Tuesday, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in select tech shares.
The Nasdaq composite rose Tuesday afternoon, thanks to a merger in the satellite radio industry and gains in select tech stocks, but the Dow Jones industrial average struggled, after ending the previous session at a record high.
Stocks bounced back Tuesday afternoon, recovering from earlier declines as investors scooped up select tech shares and eyed lower oil prices, a merger in the satellite radio industry and earnings from a pair of Dow retailers.
Stocks edged lower Monday morning as investors eyed lower oil prices, a merger in the satellite radio industry and earnings from Dow retailers Wal-Mart Stores and Home Depot.
Stocks slipped Monday morning as investors considered lower oil prices, a pair of big mergers and earnings from Dow retailers Wal-Mart Stores and Home Depot.
The top executives from Sirius and XM took their first steps to reassure Wall Street Tuesday that a deal will pass muster with regulators - but investors appear to have doubts about whether the proposed merger will go through.
If Sirius Satellite Radio and XM Satellite Radio are allowed to go through with their plans to merge, there will only be one satellite radio network left in the U.S. But make no mistake: this would not constitute your classic monopoly.
The shortened trading week is expected to get off to a bumpy start Tuesday as investors focus on earnings from retailers Home Depot and Wal-Mart.
Rivals XM Satellite Radio Holdings Inc. and Sirius Satellite Radio are entering into a merger of equals that will create a satellite radio giant, the companies announced Monday.
The Nasdaq rose and the broader market edged higher Wednesday, as investors welcomed falling oil prices, upbeat earnings from Alcoa and a rally in the technology sector.
The chief executive officer of Sirius Satellite Radio told investors Wednesday that he would be open to a combination with his company's top rival, XM Satellite Radio.
The Nasdaq rose and the broader market edged higher Wednesday afternoon, as investors welcomed falling oil prices and a revived technology sector.
Stocks pushed a bit higher Wednesday afternoon as an Apple-led technology advance spread to the broader market.
Minivans and big SUVs are sometimes referred to as "living rooms on wheels." As entertainment technology improves, shrinks and becomes more portable, that expression is becoming more and more literal.
Satellite radio stocks have had a difficult time lifting off this year, while shares of the top two satellite television firms have soared to the stratosphere.
XM Satellite stock jumped Monday after the No. 1 satellite radio company sharply cut its losses in the most recent quarter.
Satellite radio operators XM Satellite Holdings and Sirius Satellite Radio may have to pony up more cash for the rights to play artists' songs on their various stations if a music industry group gets its way.
Sirius Satellite said Wednesday it added new subscribers at a rapid pace in the third quarter, helping it narrow the gap with its larger rival XM Satellite Radio.
Shares of XM Satellite may be languishing, but chairman Gary Parsons emphasized Wednesday the growth potential for the industry and company.
A long weekend is a great time to take your family on a road trip. Unfortunately, it's also a great time for everyone else to take their family on a road trip and there are only so many roads to go around.
Wireless telephone company Alltel and XM Satellite Radio announced a deal Thursday that allows Alltel's 11 million customers to listen to XM Satellite radio on their cell phones.
Summer was once a quiet time in the media world. "Things used to slow down," an ad agency honcho sighed the other day. "You used to be able to leave early on Friday afternoon." Not this year. While...
XM Satellite Radio has crashed and burned and now some are starting to wonder if the company could be a takeover target. Shares have plummeted more than 60 percent this year.
Lee Abrams, Congress and capitalism played major roles in shaping today's AM and FM dials.
Terrestrial radio stations aren't letting satellite take over the airwaves. They're showing signs of striking back.
John Clay describes his job at XM in two words: "Radio heaven."
Sirius Satellite Radio Inc. Chief Executive Mel Karmazin said Monday he would like to buy archrival XM Satellite Radio Holdings Inc., but price and regulatory hurdles would be issues.
Look up in the sky! It's a bird. It's a plane! Nope. It's the two satellite radio stocks plunging from orbit!
Leslie Moonves has spent his entire career trying to get people to watch television. He's been pretty good at it too. When he was president of Warner Bros. Television in the early '90s, he oversaw ...
Leslie Moonves has spent his entire career trying to get people to watch television. He's been pretty good at it too. When he was president of Warner Bros. Television in the early '90s, he oversaw the development of hit shows like Friends and ER, which became part of NBC's Thursday night "Must-see TV" lineup. He leaped to CBS in 1995 and proceeded to break the Peacock network's hold on Thursday night with phenomenally popular shows like Survivor and CSI.
Those gruesome news reports from the Rock and Roll Hall of Fame ceremony the other night remind me of a conclusion I came to a few years back. Rock and roll is dead. Rest in peace.
A thousand people a night. A few bucks a head, split among the band. Maybe $150 a month in rent and expenses.
XM Satellite Radio and Oprah Winfrey's Harpo Radio have signed a three-year, $55 million deal to launch a channel featuring the popular talk show host, the companies said Thursday.
Satellite radio stocks are slowly descending back to earth this year, despite the presence of the radio industry's biggest star.
Nothing makes a long car ride longer than losing your radio signal in the fourth quarter of a tied ball game. And when the oldies station is cranking out hit after golden hit on a Saturday night, nothing sucks the life out of the party like 17 minutes of commercials. Even if you tune in and hear a great new song Monday morning, you can bet you'll be sick of it after you've heard it 37 times--and it isn't even lunch yet.
Stocks rallied for a fifth straight session Monday, as the Dow industrials crossed the 11,000 mark for the first time since 2001.
NEW YORK (CNNMoney.com) - He may be the self-professed King of All Media. But some on Wall Street are starting to wonder if Howard Stern really will be able to convince his loyal minions to pay to hear him.
Rock and folk music legend Bob Dylan has signed on with XM Satellite Radio as host of a weekly program.
Elvis left the building 28 years ago, but as a pop icon he's still hot. Over half a million tourists from all over the world stream into the shrine called Graceland each year. When his record compa...
ANYBODY COULD SEE THAT MEL KARMAZIN WAS miserable in his final days as Viacom's chief operating officer. The former Wall Street darling had struggled unsuccessfully to keep the company's stock alof...
Mel Karmazin was miserable in his final days as Viacom's chief operating officer. The former Wall Street darling had struggled unsuccessfully to keep the company's stock aloft, lost his power struggle with Viacom CEO Sumner Redstone and finally left Viacom in June 2004. But he has returned from the depths, and he's never been happier.
1. AJAX
NEW YORK (CNN/Money) - Fans of a certain radio shock jock can rejoice.
With 30 percent of airtime on U.S. radio taken up with commercials, getting stuck in rush hour traffic can be torturous, especially if you are trying to find some decent music to listen to.
Consumers are increasingly frustrated by all the commercials they have to sit through when listening to the radio or watching TV and the ads they have to wade through when reading a magazine or newspaper.
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