News Articles From Days Gone ByAll the Sirius investors met yesterday at the satellite radio provider's headquarters in New York.
(26 November 2003)
The annual stockholders' meeting was held at the McGraw-Hill Building auditorium at 10:30 a.m. The agenda included the election of seven directors and the amendment of the long-term stock incentive plan.
Aware that keeping the customer happy is the most important part of business, XM enlisted the services of SITEL to support subscriber management, billing-related customer service and back office functions.
(25 November 2003)
In announcing the agreement with the well known global customer support provider XM CFO Joe Euteneuer said "Developing and maintaining strong relationships with our subscribers is an essential component of our long-term business strategy."
To show how sirius they are about helping to save New York's Bottom Line, AT&T joined the satellite radio provider with a contribution of $100,000.
(25 November 2003)
The telecom giant is teaming with SIrius to offer special promotions for selected new and existing customers. "We're looking forward to working with The Bottom Line in its mission to showcase new and known artists today and in the future," said AT&T veep Kevin Crull of the venture.
There's been a Sirius reunion of L.
(21 November 2003)
A.alternative radio personalities. Richard Blade , Swedish Egil and Freddie Snakeskin , broadcasters who launched the genre during the 1980s, are slated to host daily shows on the Classic Alternative stream. Blade is known or being the first U.S. deejay to play artists like Duran Duran and Depeche Mode. Snakeskin was among the first of the alternative format programmers and Swedish Egil hosted shows like Reggae Revolution and New American Rock. All were affiliated with Los Angeles station KROQ.
Sirius announced the offering of an additional 73 million shares of common stock yesterday.
(20 November 2003)
The offering, scheduled for closing on Monday and underwritten by UBS Securities , is intended to be used for general corporate purposes.
According to Business Wire , the most-wanted mobile electronic gadget this holiday season is XM's Roady, produced by Delphi and retailing for $119.
(20 November 2003)
It quickly adapts from car to home and comes with interchangeable faceplates.
First there was direct-to-disk recording, then direcTV.
(19 November 2003)
Now, there's XM Direct, a universal tuner that works with any satellite-ready car stereo. It uses an open operating system that allows third party developers to use a range of adaptor cables, allowing users to tune into XM using existing stereo controls. XM Veep Dan Murphy commented "With XM Direct and smart digital adaptors, automobile dealerships and retailers can now satisfy customers who want ot listen to XM through their in-dash stereo, regardless of vehicle or car stereo brand."
XM kicked off its pre-Holiday season with the radio premiere of Jay-Z's "The Black Album" on Raw (channel 66).
(17 November 2003)
The Moody Blues are being featured live from XM's studios today in a first-ever national broadcast of an acoustic performance by the legendary rockers (channel 104). In another event, an interview with Tom Jones is being aired on channel 30 at noon today. He''s discussing his personal life and his five decades of contributions to the music industry. It's not unusual...
XM is providing a sirius pitch for The Marrow Foundation with public service announcements featuring Quincy Jones and Jeff Gordon.
(14 November 2003)
Music legend Jones anchors a spot about young Monica Rozier, whose life was saved by a bone marrow transplant. NASCAR's Gordon encourages listeners to sign up for the National Marrow Donor Program. XM boss Hugh Panero said "XM Satellite Radio is proud to actively support the life-saving efforts of The Marrow Foundation and the NMDP to increase the size and diversity of the national Registry of unrelated blood stem cell and marrow donors."
According to Twice , Sirius is reducing its expected number of subscribers from 200,000 to 300,000 by the end of 2003.
(14 November 2003)
Sirius boss Joe Clayton claims the company is now "on a 200,000 run rate for the year." He does, however, expect to have 100,000 Sirius-ready products in stores for Christmas.
Satellite radio in Canada is facing more difficult obstacles than it ever did south of the border.
(13 November 2003)
Charles Dalfen, chairman of the Radio-television and Telecommunications Commission said that his organization plans to take "at least a year" to study the impact of the new industry. Consequently a review to determine whether or not Canadian content requirements should be be boosted to 40% of the broadcast day, among other issues, is not envisioned until next spring. John Bitove, chairman of Canadian Satellite Radio, said he is at least pleased that his proposal to extend the medium northward is receiving "some priority" from the Government. Bitove's company, in partnership with XM, plans to sell subscriptions at around $13 a month. He hopes to reach a million listeners within 10 years.
Despite the success of satellite radio in the United States, the world market is taking the medium a little less siriusly.
(11 November 2003)
For this reason, WorldSpace boss Noah Samara is narrowing his company's marketing efforts to a handful of countries instead of the more than 100 nations covered by the broadcaster's satellites. The hope is that WorldSpace can break even by the end of 2005. The target countries, for now, include India, France, China, and South Africa. Between their two satellites, AsiaStar and AfriStar, WorldSpace has the capability to deliver radio signals to roughly three-fourths of the world's population.
Having accomplished the original goal of a million subscribers, XM is now confidently predicting 2.
(10 November 2003)
5 million happy listeners by the end of 2004.XM boss Hugh Panero noted that XM has destroyed 2 myths -- that no one would pay for radio and that radio had to be local. He went on to say that XM not only accounted for 85 percent of the total satellite radio market "but also continues to capture the dominant share of all new growth."
Rising expenses contributed to a third quarter widening of XM's loss despite a fivefold increase in revenue.
(7 November 2003)
The satellite broadcaster lost $145 million as compared with $114 million in the same period last year.
XM is assembling its next generation chipset with the inclusion with a new intermediate frequency (IF) filter from RF Monolithics.
(6 November 2003)
The chipmaker's director of communications products, Dr. Jidong Dai said "We are extremely pleased to be one of the providers of IF filters for XM's receivers. RFM filters contribute significantly to two of the major technical improvements that make the new-generation XM radio happen."
The man who has given America some of its most memorable musical moments has given a party to celebrate a satellite radio milestone.
(5 November 2003)
Quincy Jones hosted the festivities as XM commemorated its one millionth customer at its headquarters in Washington D.C. The bash featured live performances by Grammy winner Shelby Lynne, Grammy winning jazz artist Cassandra Wilson, R&B's Musiq, country legend and two-time Grammy winner Marty Stuart, bluesman Kenny Wayne Shepherd, and comic Lewis Black. XM boss Hugh Panero said "XM Radio launched nationally less than 24 months ago, and despite a terrorist attack, a Wall Street meltdown, and other challenges along the way, we have emerged as the satellite radio leader and one of the fastest growing entertainment media in history."
During the third quarter ending on 30 September, Sirius added 44,426 subscribers.
(5 November 2003)
There are now 146,612 individuals taking their satellite radio Siriusly. The new numbers helped the satellite broadcaster narrow its net loss to $106 million from $119 million.
One of the nation's largest service-based consumer products outlets, Wireless Retail , is finally getting Sirius.
(4 November 2003)
They're teaming with the satellite broadcaster to offer its products and services at its more than 900 locations throughout the country. Using their "store in a store" concept, Wireless Retail is allowing consumers to learn about Sirius and its portable Plug & Play units from Audiovox at Sam's Clubs , BJ's Wholesale Clubs , Menards and other locations.