Archive for the ‘Media’ Category

Sirius XM Radio (NASDAQ:SIRI) Offers Live Broadcast of Preakness Stakes

Posted 17 May 2012 — by Demian Russian
Category Internet Radio, Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Preakness StakesSirius XM Radio (NASDAQ:SIRI) will offer listeners nationwide a live broadcast of the second jewel of thoroughbred racing’s Triple Crown, the Preakness Stakes, from Pimlico Race Course in Baltimore, Maryland, this Saturday, May 19th.

The broadcast will air on satellite radio nationwide from 5:00 to 7:00 pm ET on Sirius Radio channel 93 and XM Radio channel 209, and on the SportsZone channel (860) on SiriusXM.com and on the SiriusXM Internet Radio App for smartphones and other mobile devices. Read More

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Maxim Group Analyst John Tinker Raises Liberty Media (LMCA) Price Target to $138 on Sirius XM Radio (SIRI) Price Target Forecast of $3.20

Posted 16 May 2012 — by Demian Russian
Category Analyst Coverage, Investing, Media, Radio Industry, Sirius XM (SIRI) News, Trading

By Demian Russian
Maxim Group - Sirius XM Radio (NASDAQ:SIRI) - John Tinker - analyst
In a newly issued research report, Maxim Group Senior Media Analyst John Tinker reiterates his BUY rating on Liberty Media (NASDAQ:LMCA) and raises his price target on the equity from $106.00 to $138.00. Tinker attributes his upgraded price target on Liberty Media “mostly” to his Sirius XM Radio (NASDAQ:SIRI) price target forecast of $3.20.

Using our SIRI target price enables investors to gauge the upside of both stocks and assess their respective weighting. SIRI is the “pure play”, which is estimated to cumulatively generate $3B in free cash over the next 3 years; LMCA owns 40% (with the option to own 45.2%) of SIRI and is a more complicated indirect play, holding a portfolio of public and private media assets. 

– John Tinker, Senior Media Analyst, Maxim Group

Tinker’s $138.00 per share asset value for Liberty Media (LMCA) is based on $91.17 per share of value from public equities, of which Sirius XM Radio (SIRI) makes up $78.00 per share at $9.5 Billion (using his $3.20 price target), along with other public stocks such as Live Nation (NYSE:LYV) with a $14.00 price target and Viacom (NASDAQ:VIAB) with a $59.00 price target at their current market prices. Tinker factors in $32.41 per share from private and other holdings and $14.25 per share in net cash. Read More

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Sirius XM (NASDAQ:SIRI) Retail Product Partner VOXX Corporation (NASDAQ:VOXX) Expects Uptick in Satellite Radio Segment This Year

Posted 16 May 2012 — by Amy Gilroy
Category Media, Radio Industry, Sirius XM (SIRI) News, Technology

By Amy Gilroy
Sirius XM Radio (NASDAQ: SIRI) retail product partner VOXX International Corporation (NASDAQ:VOXX)
Sirius XM Radio (NASDAQ:SIRI) retail product partner Audiovox Electronics parent VOXX Corporation (NASDAQ:VOXX) announced gains in sales of OEM and traditional car audio for fiscal 2012 ended in February.

Aftermarket car audio and security sales rose but were offset by lower sales of Sirius XM satellite radio products and fulfillment of FLO TV products (discontinued last year).

The company recently reported an increase of nearly 5 percent in combined car audio, security and OEM sales for the fiscal year ended in February compared to a year earlier. OEM sales alone grew by 14.8 percent over the year earlier but were offset by a $20.8 million downturn in Sirius XM satellite radio/FLO TV fulfillment.

The Sirius XM satellite radio segment, however, is expected to see an increase this coming year, Pat Lavelle, VOXX President and CEO told analysts Tuesday. Read More

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Martin Cooper, The Inventor of the Cell Phone, Discusses Wireless Spectrum and Data Capacity Issues Tonight at 8:00PM ET on Playground Radio

Posted 15 May 2012 — by Demian Russian
Category Consumer Electronics, Media, Radio Industry, Technology

By Demian Russian

Martin Cooper

Martin Cooper, Inventor of the Cell Phone

Martin Cooper, the inventor of the cell phone, will be the special guest on this evening’s Playground Radio program (Tuesday, May 15th at 8:00PM ET) for an exclusive interview to discuss wireless spectrum and data capacity issues.

Martin Cooper is Chairman and Co-Founder of DYNA, LLC. Cooper is also Co-Founder of ArrayComm, LLC, based in San Jose, CA and GreatCall, Inc, the innovator of the Jitterbug cell phone and service. Cooper has been involved in and contributed to virtually every major innovation in personal wireless communications in his over 50-year career. He conceived the first portable cellular phone in 1973 and is widely recognized as an innovator in spectrum management. For 29 years, he led a number of major businesses at Motorola, including high-capacity paging, trunked mobile radio, cellular radio telephone, quartz crystals and oscillators, liquid crystal displays, piezo-electric components, Motorola A.M. Stereo technology, and various mobile and portable two-way radio product lines. Read More

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Sirius XM (NASDAQ:SIRI) to Air Live Concert Celebrating Grupo Niche’s 30th Anniversary from Lehman Center for the Performing Arts

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Grupo Niche Sirius XM Radio (NASDAQ:SIRI) announced today that it will exclusively air Grupo Niche’s concert live from Lehman Center for the Performing Arts, on Saturday, May 19th, 2012, at 8:00 pm ET on SiriusXM Caliente (Sirius Radio and XM Radio channel 150). Sirius XM Radio joins in Grupo Niche’s celebration of their 30-year musical career with this national broadcast.

This special Grupo Niche concert is part of a series of performances from Lehman Center for the Performing Arts’ 2012 season being broadcast across multiple Sirius XM Radio channels. Lehman Center for the Performing Arts is located on the campus of Lehman College, City University of New York, at 250 Bedford Park Boulevard West in the Bronx.

Founded in 1979 and led by director, producer, and songwriter Jairo Varela, the internationally-renowned Grupo Niche continues to travel the world bringing their music to fans everywhere.  Known for its vigorous, up-tempo dance music as well as slower-paced romantic numbers that celebrate African influence, their many hits include “Buenaventura y Caney,” “Nuestro Sueño,” “Canoa Rancha,” and “Cali Pachanguero,” a hymn to their beloved city. Read More

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The Canadian Government Launches Free Online Music Service — CBC Music

Posted 15 May 2012 — by Tom Taylor
Category Internet Radio, Media, Music Industry, Programming News, Radio Industry

CBC Music

By Tom Taylor

The following article comes from Tom Taylor’s newsletter, Taylor on Radio-Info.

In Canada, growing anger over the government’s debut of a free online music service.

CBC Music - app“It astounds me that the CBC would go ahead and launch” CBC Music, says Jim Pattison Broadcast Group Chairman Rick Arnish. Another member of Friday’s Presidents Panel on at the British Columbia Association of Broadcasters, Vista chairman/CEO Margot Micallet, says if that’s how the CBC wants to play it, then the CBC should be have a bigger responsibility for programming Canadian content than the commercial broadcasters. She says “Why not let us have pure formats?” Read More

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Sirius XM Radio (NASDAQ:SIRI) Celebrates Mother’s Day with Star-Studded Celebration

Posted 13 May 2012 — by Demian Russian
Category Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Mother’s Day - CelebrationCelebrity moms Rita Wilson, Blythe Danner, Nicole Sullivan, Tia Mowry, Kelly Bensimon and Lisa Rinna share their proudest moments, favorite memories, best pieces of motherly advice and personal stories of motherhood on SiriusXM’s ‘In Their Own Words: A Celebration of Motherhood’ Mother’s Day special.

‘In Their Own Words: A Celebration of Motherhood’ originally aired on SiriusXM Stars (Sirius Radio and XM Radio channel 107) on Friday, May 11th at 10:00 AM ET, with encore presentations airing Saturday, May 12th at 12:00 PM and 6:00 PM and on Mother’s Day, Sunday, May 13th, at 7:00 AM and 12:00 PM (all times Eastern). Read More

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National Soccer Hall of Famer John Harkes Joins Sirius XM Radio (NASDAQ:SIRI)

Posted 11 May 2012 — by Demian Russian
Category Internet Radio, Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) John Harkes

John Harkes

Sirius XM Radio (NASDAQ:SIRI) has brought National Soccer Hall of Famer John Harkes on board to host SiriusXM’s daily soccer talk show, The Football Show, which airs weekdays from 7:00-9:00 am ET on Sirius Radio channel 92 and XM Radio channel 207, as well as on the SiriusXM Internet Radio App for smartphones and mobile devices.

Harkes will host The Football Show multiple times each week, along with fellow soccer experts Charlie Stillitano and Neil Barnett. He will also contribute to SiriusXM’s pre- and post-match coverage.

Throughout my career I’ve seen first-hand the incredible passion soccer fans have for their sport. SiriusXM offers those fans an exceptional level of coverage, giving them a place to tune in and call in daily to talk about leagues, teams and players from around the world. I’m thrilled to be a part of the team and we’ll work every day to continue to bring SiriusXM listeners closer to the game

– John Harkes

Harkes played for the U.S. national team from 1987 to 2000, appeared in two FIFA World Cup tournaments (1990, 1994), and was named the team’s captain. The standout midfielder played 90 full internationals in his career with the U.S. team and was chosen as co-MVP of the 1995 Copa America in Uruguay. Harkes was among the first Americans to succeed at a high level in Europe, where he played for Sheffield Wednesday (1990-93), Derby County (1993-95) and West Ham United (1995-96). Read More

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Sirius XM Radio’s (NASDAQ:SIRI) NASCAR Radio to Broadcast Mother’s Day Special on May 12th

Posted 10 May 2012 — by Demian Russian
Category Media, Programming News, Radio Industry, Sirius XM (SIRI) News

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - NASCAR - NASCAR RadioSirius XM Radio (NASDAQ:SIRI) will present a special NASCAR-themed Mother’s Day special, hosted by Claire B. Lang and Carol Bickford, mother of four-time NASCAR Sprint Cup Series champion Jeff Gordon, on Saturday, May 12th from 2:00-4:00 pm ET on SiriusXM NASCAR Radio (Sirius Radio and XM Radio channel 90).

Dialed In to Mother’s Day will air live from Darlington Raceway, site of this weekend’s races, and will celebrate the relationships between several of NASCAR’s star drivers and their mothers. Claire B. Lang and Carol Bickford will talk with a number of NASCAR moms about their childrens’ accomplishments on and off the track and share stories and memories of their journeys from racing’s junior circuits to the pinnacle of their sport — the NASCAR Sprint Cup Series. Read More

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Clarion Launches Next GATE

Posted 10 May 2012 — by Amy Gilroy
Category Automotive, Consumer Electronics, Internet Radio, Media, Radio Industry, Technology

Clarion Next GATE

By Amy Gilroy

Clarion (Clarion Co.,Ltd., TYO:6796) introduced Monday a windshield mounted tablet-like device that can control apps on your Apple (NASDAQ:AAPL) iPhone. Read More

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Liberty Media (NASDAQ:LMCA) Buys Shares of Sirius XM Radio (NASDAQ:SIRI) on the Open Market

Posted 09 May 2012 — by Demian Russian
Category Investing, Media, Radio Industry, Sirius XM (SIRI) News, Trading

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) - Liberty Media (NASDAQ:LMCA)Liberty Media Corporation (NASDAQ:LMCA) disclosed in SEC filings made public today that they have acquired 60.35 million shares of Sirius XM Radio (NASDAQ:SIRI) via open market purchases made yesterday, Tuesday, May 8th, and today, Wednesday May 9th. The shares were purchased at prices between $2.075 and $2.19. According to the SEC filing, Liberty Media purchased the 60,350,000 shares of Sirius XM stock for a”weighted average price” of $2.126.

This move comes fresh off the heels of Liberty Media’s (LMCA) application filing requesting “de facto” control of Sirius XM Radio’s licenses being dismissed by the Federal Communications Commission’s (FCC) last Friday and Liberty Media announcing yesterday morning that they had entered into a forward purchase contract, to close in the third quarter, for 302 million shares of Sirius XM’s stock at a price of $2.15 per share, for a total notional amount of $650 million, which would result in Liberty Media’s ownership stake in Sirius XM increasing to 45.2%. Liberty’s open market purchases on Tuesday and Wednesday now ups their stake to ~46.2%. Read More

Sirius XM Radio (NASDAQ:SIRI) to Broadcast Olga Tañón Concert Live from Lehman Center for the Performing Arts

Posted 09 May 2012 — by Demian Russian
Category Media, Programming News, Radio Industry, Sirius XM (SIRI) News
Sirius XM Radio (NASDAQ: SIRI) - Olga Tanon

Olga Tañón

By Demian Russian

Sirius XM Radio (NASDAQ:SIRI) announced today that it will air Olga Tañón’s concert live from Lehman Center for the Performing Arts, in celebration of Mother’s Day weekend, on Saturday, May 12th, 2012, at 8:00 pm ET on SiriusXM Caliente (Sirius Radio and XM Radio channel 150). Read More