XM Radio Canada

  1. Sirius XM, Liberty Media CEOs Defend Acquisition Plan

    January 08, 2014 2:51 AM EST Top executives at Sirius XM and Liberty Media on Tuesday defended a plan by the conglomerate to wholly absorb the satellite radio firm for $3.68 a share, a price that some investors deem too paltry. Jim Meyer, the CEO of Sirius XM, said Tuesday th ...

  2. SiriusXM Canada Requests Reduction In Financial Contribution For National Content

    June 22, 2012 8:55 AM EDT Toronto-based satellite radio service SiriusXM Canada Inc. is asking The Canadian Radio-Television Commission (CRTC) to significantly reduce its financial contribution to the development of Canadian content. The hearings, held this week in Gatinea ...

  3. Business Matters: Why Sirius XM and Pandora Don't Account For 90% of Soundexchange's Collections

    April 17, 2012 9:18 PM EDT Soundexchange Refutes Earlier Suggestions of Pandora and Sirius' Collections Percentages Pandora and Sirius XM accounted for a large share of SoundExchange's 2011 collections of digital broadcast royalties. Some people say 90%. SoundExch ...

  4. Sirius XM Still Facing Legal Challenges Over Five-Year-Old Merger

    April 04, 2012 6:28 PM EDT More than five years after Sirius Satellite Radio and XM Satellite Radio announced a merger that would create the mega-satellite radio network Sirius XM, the company is still in court defending the marriage. On Monday, Sirius XM filed a brief to t ...

  5. Sirius XM Radio Second-Quarter Profit, Subs Surge

    August 02, 2011 8:14 AM EDT NEW YORK - Sirius XM Radio on Tuesday reported a stronger second-quarter profit amid higher revenue and lower loss on debt extinguishment. The satellite radio company's profit of $173.3 million exceeded Wall Street expectations and compared w ...

  6. Sirius, XM To Merge In Canada

    November 24, 2010 12:00 AM EST More than two years after Sirius Satellite Radio and XM Radio merged in the United States to form Sirius XM Inc., Canadian Satellite Radio Holdings Inc., XM Canada’s parent company, has announced a definitive agreement to combine Sirius Canada Inc ...

  7. Sirius XM Boosts Full-Year Guidance

    July 08, 2010 12:00 AM EDT Sirius XM Radio is adding subscribers at a healthy clip despite a dreary economy for new cars. The nation's only satellite radio company said it added 583,000 subscribers in the second quarter, an astounding accomplishment when compared with ...

  8. Sirius Posts Profit, Sees Big Subscriber Growth

    February 26, 2010 12:00 AM EST Sirius XM Radio Inc posted its first quarterly profit since its merger and said it expects to add 500,000 new subscribers in 2010 as the recovery in the car market boosts demand for satellite radio. The results suggest that the company, run by med ...

  9. Canadian Publishers Suing XM Satellite Radio

    September 02, 2009 12:00 AM EDT Canadian music publishers are suing XM Satellite Radio seeking unpaid royalties dating back to 2005. CSI, a group representing the Canadian Musical Reproduction Rights Agency Ltd. (CMRRA) and Montreal-based Society for Reproduction Rights of Autho ...

  10. Sirius Completes Merger With XM

    July 29, 2008 12:00 AM EDT The much-discussed, long-awaited merger of equals is done. Sirius Satellite Radio this morning (July 29) completed its $3.3 billion absorption of direct competitor XM Satellite Radio in an all-stock deal that took nearly 18 months to wind through ...

  11. XM Canada COO To Exit

    June 07, 2007 12:00 AM EDT Stephen Tapp, president/COO of XM Canada, will leave the company June 15, to pursue other opportunities according to a statement released today. John Bitove, chairman and CEO of Canadian Satellite Radio Holdings Inc. continues to oversee XM Canada ...

  12. XM Pushes Programming Beyond Satellite

    April 03, 2007 12:00 AM EDT XM has entered a deal in Canada to deliver programming to wireless, cable and Internet platforms. XM Canada and media giant Rogers Communications have partnered to deliver content to be included in the Rogers Vision package of wireless services. R ...

  13. XM Radio Narrows Loss In Q4

    February 26, 2007 12:00 AM EST XM Satellite Radio Holdings Inc., which last week announced plans to combine with rival Sirius, said Monday a 45% jump in revenue and a tighter leash on marketing costs helped narrow its fourth-quarter loss. The Washington-based company, which has ...

  14. Plugged and Unplugged

    February 23, 2007 12:00 AM EST Plugged: Merger Mania The merger bug hit the music industry hard this week with the newly proposed $4.9 billion merger between Sirius Satellite Radio and XM Satellite Radio. While regulators and consumer advocates immediately fall into a defensive ...

  15. XM Canada Motors On With Toyota Deal

    June 05, 2006 12:00 AM EDT Canadian satellite radio service XM Canada, operated by Canadian Satellite Radio Holdings, has formed an alliance with Toyota Motor Sales Canada to install XM Canada receivers in Toyota and Lexus auto Canadian satellite radio service XM Canada, op ...

  16. Sirius Satellite Tops 4 Million Subscribers

    March 20, 2006 12:00 AM EST Sirius Satellite Radio Inc. on Monday (March 20) said it recently surpassed 4 million subscribers to its nationwide pay radio service. Sirius, No. 2 in the nascent market to rival XM Satellite Radio I Sirius Satellite Radio Inc. on Monday (March 2 ...

  17. XM Taps Washinushi CFO For Canadian Licensee

    November 29, 2005 12:00 AM EST XM Satellite Radio's Canadian licensee said it has hired Michael Washinushi as CFO of its Canadianized satellite radio service. (The Hollywood Reporter) -- XM Satellite Radio's Canadian licensee said it has hired Michael Washinushi as CF ...

  18. XM Diversifies with Worldspace Stake

    July 19, 2005 12:00 AM EDT XM Satellite Radio has announced an initial $25 million investment in international satellite radio broadcaster WorldSpace, which currently targets Africa and Asia. The XM investment isn't raising man XM Satellite Radio has announced an initi ...

  19. Canadian Groups Protest Sat Radio Decision

    July 05, 2005 12:00 AM EDT A coalition of Canadian content creators on June 27 formally asked the federal cabinet to overturn a June 16 decision by Canada's broadcast regulator that allows U.S.-based rivals XM Satellite Radio H TORONTO (The Hollywood Reporter) -- A coa ...

  20. XM, Sirius OK'd For Canada Launch

    June 21, 2005 12:00 AM EDT Without a Canadian satellite capable of delivering pay radio, Canada's broadcast regulator on June 16 licensed U.S. rivals XM Satellite Radio Holdings and Sirius Satellite Radio to launch subscription TORONTO (The Hollywood Reporter) -- Witho ...

  21. XM Strikes $650 Million Baseball Deal

    October 26, 2004 12:00 AM EDT Raising the stakes in its programming battle with rival Sirius Satellite, XM Radio has forged an 11-year, $650 million deal with Major League Baseball. NEW YORK (Billboard Radio Monitor) -- Raising the stakes in its programming battle with rival S ...

  22. XM Strikes $650 Million Baseball Deal

    October 20, 2004 12:00 AM EDT Raising the stakes in its programming battle with rival Sirius Satellite, XM Radio has forged an 11-year, $650 million deal with Major League Baseball. Raising the stakes in its programming battle with rival Sirius Satellite, XM Radio has forged a ...

  23. Sirius, EchoStar Join Forces

    May 24, 2004 12:00 AM EDT In a deal with EchoStar Communications that will enable users to hear its 64 commercial-free music channels on millions of TV sets, Sirius Satellite Radio last Thursday leapfrogged its lone competitor LOS ANGELES (Hollywood Reporter)--In a deal wi ...