Sirius XM Radio (NASDAQ:SIRI) to Broadcast Live Coverage of the 2013 Preakness Stakes

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Posted 16 May 2013 — by Demian Russian
Category Internet Radio, Media, Programming News, Radio Industry, Sirius XM (SIRI) News

Sirius XM Radio (NASDAQ:SIRI) - Preakness Stakes

By Demian Russian

Preakness Stakes - Sirius XM Radio (NASDAQ:SIRI)Sirius XM Radio (NASDAQ:SIRI) will offer its satellite radio and Internet radio listeners nationwide live coverage of the 2013 Preakness Stakes from the Pimlico Race Course in Baltimore, Maryland, this Saturday, May 18th, as Kentucky Derby-winner Orb and jockey Joel Rosario will attempt to take another step in their bid for the 12th Triple Crown in thoroughbred racing history.

Sirius XM Radio listeners will hear Horse Racing Radio Network’s broadcast starting at 5:00 pm ET on Sirius Radio channel 93 and XM Radio channel 209, and on channel 961 online at SiriusXM.com and on the SiriusXM Internet Radio app for smartphones and other connected mobile devices. The race broadcast will also air live on SiriusXM’s Mad Dog Radio (Sirius and XM channel 86).

In addition to the live race broadcast, Sirius XM Radio’s Dave Johnson and Bill Finley will host a special edition of Down The Stretch on Saturday (10:00 am – 1:00 pm ET). Johnson and Finley will take calls from listeners and provide fans with race day news and analysis, plus interviews with jockeys, trainers and owners. Read More

Sirius XM Radio (NASDAQ:SIRI) Announces Star-Studded Programming Celebrating Mother’s Day

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Posted 08 May 2013 — by Demian Russian
Category Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Mothers Day ProgrammingSirius XM Radio Inc. (NASDAQ:SIRI) has announced star-studded programming to celebrate Mother’s Day with celebrity moms, including the icons Carol Burnett, Patricia Heaton, Sandra Bernhard, and Debbie Reynolds, sharing their proudest moments, favorite memories, and best pieces of motherly advice.

The special, which includes interviews with some of today’s most popular celebrity moms, features comedienne and actress Carol Burnett, in an exclusive interview with Perri Peltz, talking about the heartbreaking loss of her daughter, Carrie Hamilton, and how she found the strength to carry on. Highlights of the special include Debbie Reynolds on her daughter Carrie Fisher’s struggles with mental illness; LaToya Jackson on reuniting with her mother, Katherine Jackson, after years of estrangement and public family battles; and Lynda Carter reminiscing on her iconic Wonder Woman character and how it has inspired a generation of young girls to become strong, assertive women. Read More

The Most Wanted Technology In New Cars

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Posted 08 May 2013 — by William Damsky
Category Automotive, Car Audio, Internet Radio, Technology

new car technology

By William Damsky

The number one emerging technology sought in new cars, if you own a smartphone, is the ability to link it to the car radio, says a new study from J.D. Power & Associates. Read More

Sirius XM Radio’s (NASDAQ:SIRI) Oprah Radio to Air Oprah Winfrey’s Exclusive Interview with Jason Collins, the NBA’s First Openly Gay Player

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Posted 07 May 2013 — by Demian Russian
Category Media, Programming News, Radio Industry, Sirius XM (SIRI) News

Sirius XM Radio (NASDAQ:SIRI) - Oprah Winfrey Interview with Jason Collins

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Oprah RadioSirius XM Radio’s (NASDAQ:SIRI) Oprah Radio channel will air Oprah Winfrey’s exclusive interview with the NBA’s first openly gay player, Jason Collins, today, Tuesday, May 7th, at 3:00 pm and 9:00 pm ET. As part of the Oprah’s Next Chapter interview series, Oprah speaks with NBA player Jason Collins, his twin brother Jarron Collins and their family for their first interview together since Jason became the first active pro athlete in a major American team sport to announce he’s gay. During this exclusive interview, Jason Collins reflects on the worldwide reaction following his decision to reveal that he is a gay man and speaks on how he hopes his story will further the conversation around equality. Read More

Connected Car Trends: The First Car Radio Without a Screen or Controls

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Posted 07 May 2013 — by Amy Gilroy
Category Automotive, Car Audio, Consumer Electronics, Internet Radio, Radio Industry, Technology

Detroit Electric - SP01

By Amy Gilroy

The first car without a radio screen and controls as we know them today will debut in August from startup automaker Detroit Electric.

The limited edition all-electric car model SP:01 will have no physical radio so to speak. But hidden in the car are receivers for FM, GPS, Bluetooth and GSM. The driver’s phone becomes the screen and controller for the radio. Read More

Sirius XM Radio (NASDAQ:SIRI) Launches New Lacrosse Show Leading Up to 2013 NCAA Division I Men’s Lacrosse Semifinals and Championship

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Posted 07 May 2013 — by Demian Russian
Category Internet Radio, Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - SiriusXM College Sports NationSirius XM Radio Inc. (NASDAQ:SIRI) announced today that it will launch a new weekly radio show dedicated to covering college lacrosse.

“Lacrosse is a fast-growing sport in the U.S., with participation having increased exponentially in recent years. With the passion for the sport growing, SiriusXM has the ability to deliver a level of coverage of the game that other media outlets cannot. This month, our listeners will get live play-by-play featuring some of the country’s best college lacrosse teams plus a show where they can call in and talk lacrosse with one of the sport’s iconic stars in Casey Powell.”

–  Scott Greenstein, President and Chief Content Officer, SiriusXM Radio

Inside College Lacrosse, hosted by former two-time NCAA Most Outstanding Player Casey Powell and college lacrosse expert Paul Mittermeier will debut tonight, May 7th, and air Tuesdays at 8:00 pm ET on SiriusXM College Sports Nation (channel 91 on Sirius and XM satellite radios, as well as on the SiriusXM Internet Radio App and online at SiriusXM.com). The show will air weekly leading up to and through the 2013 NCAA Division I Men’s Lacrosse Championship and will feature Powell discussing the nation’s best teams and players with listeners nationwide. Read More

Exclusive: Maxim Group Senior Media Analyst John Tinker to Discuss Sirius XM Radio’s (SIRI) Q1 Results— Live Tonight at 8:00PM ET

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Posted 01 May 2013 — by Demian Russian
Category Analyst Coverage, Investing, Media, Radio Industry, Sirius XM Radio (NASDAQ:SIRI) News, Trading

Sirius XM Radio (NASDAQ:SIRI) - Maxim Group - John TinkerBy Demian Russian

Maxim Group Senior Media Analyst John Tinker will be discussing his thoughts on Sirius XM Radio’s (NASDAQ:SIRI) Q1 earnings results during an exclusive interview on Playground Radio, which will air live tonight, Wednesday, May 1st, 2013, at 8:00 PM Eastern. With a new research report issued today, Tinker reiterates a BUY rating and $4.20 price target on SIRI. Read More

Sirius XM Radio Inc. (NASDAQ:SIRI): Jim Meyer Officially Announced New CEO

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Posted 01 May 2013 — by Amy Gilroy
Category Sirius XM (SIRI) News

By Amy Gilroy

Sirius XM Radio Inc. (NASDAQ:SIRI) - CEO - Jim Meyer After serving as an interim CEO since December, Jim Meyer has been officially appointed CEO of Sirius XM Radio (NASDAQ:SIRI), effective immediately, SiriusXM announced Tuesday.

Gregory Maffei, Chairman of SiriusXM Radio, said of Meyer, “He has been a vital part of SiriusXM for close to a decade, and his extensive knowledge of SiriusXM’s business and significant industry experience will be invaluable assets in the highly competitive market within which SiriusXM is thriving. Jim’s leadership, strategic vision and operating focus are exactly what SiriusXM needs today and in the future.”

Meyer had been SiriusXM’s President of Sales and Operations since 2004, before becoming interim CEO. He succeeds Mel Karmazin. Read More

Sirius XM Radio Inc. (NASDAQ:SIRI): Q1 2013 Financial and Operating Results

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Posted 30 Apr 2013 — by Demian Russian
Category Investing, Media, Radio Industry, Sirius XM (SIRI) News, Sirius XM Radio (NASDAQ:SIRI) News, Trading

Sirius XM Radio Inc. (NASDAQ:SIRI)- Subscribers Grow by 453,000 to a Record 24.4 Million
– Record Revenue of $897 Million, Up 12%
– Net Income of $124 Million, Up 15%
– Adjusted EBITDA Grows 26% to a Record $262 Million
– Free Cash Flow Guidance Increased
– Company Repurchases 209 Million Shares of Common Stock

Sirius XM Radio Inc. (NASDAQ:SIRI) today announced first quarter 2013 financial and operating results, including revenue of $897 million, up 12% from the first quarter 2012 revenue of $805 million. Net income for the first quarter 2013 and 2012 was$124 million and $108 million, respectively. Adjusted EBITDA for the first quarter of 2013 reached a record $262 million, up 26% from $208 millionin the first quarter of 2012.

“SiriusXM’s first quarter results show a continuation of our trend of strong, profitable growth. We turned in our best first quarter for subscriber additions since the merger, and with our continuing sharp focus on costs, we set an all-time high for adjusted EBITDA. With our strong free cash flow and low leverage, we repurchased 209 million shares so far and have now returned nearly $1 billion in total to our stockholders since the end of December via stock buybacks and a special dividend. We continue to focus on profitable subscriber growth first and foremost. We expect to achieve record adjusted EBITDA margins this year, which is all the more impressive considering our investments in new content, services, and expanding our distribution in the previously-owned vehicle market.  We are off to a great start for the year and are confident in achieving our guidance.”

– Jim Meyer, Chief Executive Officer, SiriusXM Radio

Additional Sirius XM Radio first quarter highlights include: Read More

Sirius XM Radio (NASDAQ:SIRI): Satellite Radio Roundtable — April, 2013

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Posted 30 Apr 2013 — by Demian Russian
Category Analyst Coverage, Investing, Media, Radio Industry, Sirius XM (SIRI) News, Sirius XM Radio (NASDAQ:SIRI) News, Trading

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Satellite Radio RoundtableWith Sirius XM Radio (NASDAQ:SIRI) heading into Q1 2013 earnings, there was much to discuss on this month’s Satellite Radio Roundtable. Following is a transcript of the April, 2013 edition of Satellite Radio Roundtable (Part 1).

The Participants:

Host and Moderator

Demian Russian, Editor-in-Chief, Market Playground and Satellite Radio Playground

Panelists

Spencer Osborne, Writer, SiriusBuzz and Seeking Alpha

Rick Aristotle Munnariz, Writer, The Motley Fool

Satellite Radio Roundtable — April, 2013 (Part 1)

Demian Russian:

Welcome to the April 2013 Satellite Radio Roundtable. Thanks for joining us. Pleased and honored! Thrilled to have you on the show. This is exciting. We’re going to be talking about Sirius XM satellite radio. We’ve got earnings being reported, Q1 earnings, on Tuesday, April 30th, that morning before the opening bell — so, we’ve got some things to talk about here. First, I want to go to you, Rick Aristotle Munnariz, and I want to talk about MySXM. We saw this officially launched by the company. They were late in their promise last year to even get it to the desktop. Eventually, we saw a few weeks later desktop and beta, then eventually beta on the mobile devices. Now we’re seeing an official launch, Android and iPhone capability there and also on the desktop out of beta. And also, recently, we’re seeing Sirius XM now include Internet radio with their OEM trials, BMW now the most recent one announced. What are your thoughts about all of this? Is this an opportunity for Sirius XM, or is this going to be offering their satellite radio subscribers training wheels to Internet radio where they say, “Hey, this Internet radio is great. Maybe I’ll go to a less expensive service like Pandora, Slacker, or even a free service from someone else.” What are your thoughts? Read More

Sirius XM Radio (NASDAQ:SIRI): Maxim Group Senior Media Analyst John Tinker Weighs In Ahead Of Q1 Earnings — Reiterates BUY Rating, $4.20 Price Target

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Posted 29 Apr 2013 — by Demian Russian
Category Analyst Coverage, Debt, Internet Radio, Investing, Media, Radio Industry, Sirius XM (SIRI) News, Trading

By Demian Russian
Sirius XM Radio (NASDAQ:SIRI) - Maxim Group - John Tinker -
With a new research report, Maxim Group Senior Media Analyst John Tinker weighs in ahead of Sirius XM Radio’s (NASDAQ:SIRI) Q1 earnings release on Tuesday, April 30th. Noting Sirius XM interim CEO Jim Meyer continues with growth initiatives, and the recently launched MySXM customizable Internet radio service, Tinker reiterates a BUY rating and a price target of $4.20 on the equity.

“Sirius XM Radio’s ability to lean in to new distribution forms its strength, as the company continues to look at new markets.”

– John Tinker, Senior Media Analyst, Maxim Group

Focusing on Sirius XM’s growing free cash flow, Tinker notes that that the company’s free cash flow per share grew from 6.4 cents in in 2011 to 10.7 cents in 2012, representing a 67% increase year-over-year. Tinker sees further growth, estimating 57% year-over-year growth to 16.8 cents per share for full-year 2013 — “post an aggressive share buyback of $2.64 billion or 800 million shares.” Sirius XM’s officially announced stock buyback program amounts to $2 billion. While Tinker does note that the company does have some debt covenants “which may prevent it from pursuing an aggressive share repurchase program,” he points to previous comments from both Liberty Media (NASDAQ:LMCA) Chairman John Malone and CEO Greg Maffei, which indicate that the covenants can be “worked around.” Tinker expects Sirius XM to lever up to 3X net debt/EBITDA, from net debt of $1.9 billion in 2012 to $3.57 billion in 2013, with the assumption that Sirius XM pursues an aggressive share buyback — subsequently increasing it from the previously announced $2 billion to $2.64 billion. Read More

Volkswagen and Apple (NASDAQ:AAPL) iBeetle “iCar” Due Soon

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Posted 24 Apr 2013 — by William Damsky
Category Automotive, Car Audio, Consumer Electronics, Internet Radio, Radio Industry, Sirius XM (SIRI) News, Technology

Apple Inc. (NASDAQ:AAPL) - Volkswagen - iBeetle

By William Damsky

Apple Inc. (NASDAQ:AAPL) - Volkswagen - iBeetleVolkswagen will release two car models next year that include an Apple (NASDAQ:AAPL) iPhone 5 docking station front and center on top of the dashboard.

VW says the cars are among the first in the world “to have a genuine integrative interface for the iPhone that was coordinated with Apple.”

The iPhone snaps into the cradle so the phone sends navigation, hands free calling, music and other iPhone features through the car’s sound system. Read More

Alpine Ships MirrorLink Car Radio with Siri, Aha, Pandora, Sirius XM, HD Radio Capability

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Posted 23 Apr 2013 — by Amy Gilroy
Category Car Audio, Consumer Electronics, Internet Radio, Media, Radio Industry, Sirius XM (SIRI) News, Technology

Alpine Electronics - MirrorLink - Sirius XM Radio - Pandora - Siri - Aha Radio

By Amy Gilroy

Alpine Electronics Inc. (TYO:6816) is now shipping its first MirrorLink car radio, a high tech receiver that also offers Siri Eyes Free.

First shown at CES in January, the ICS-X7HD uses MirrorLink technology to let the car radio mimic and control many apps that are on certain Android phones. You can tuck your phone away and let the car radio take over the controls, while viewing app info on the car radio’s 7-inch touch screen display (WVGA). Read More

Sirius XM (NASDAQ:SIRI) and BMW of North America Now Offering New Vehicle Customers Free One-Year Trial Subscriptions to Sirius XM’s All Access Satellite and Internet Radio Package

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Posted 22 Apr 2013 — by Demian Russian
Category Automotive, Internet Radio, Media, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio Inc. (NASDAQ:SIRI) - BMW - MINISirius XM Radio Inc. (NASDAQ:SIRI) and BMW of North America jointly announced today that starting this month both BMW and MINI new vehicle customers will receive a one-year subscription to SiriusXM’s All Access Package, including satellite and Internet radio access, with the purchase of any satellite radio equipped model year 2013 or newer BMW vehicle, MINI vehicle or BMW Motorcycle. Sirius XM Radio’s All Access Package is SiriusXM’s most complete programming package, offering access to all premium channels as well as SiriusXM Internet Radio. Read More

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