Sirius Satellite Radio News

The struggle in writing about the media business is to not dwell on the negative, these being tough times and all.

Bad news for Sirius XM shareholders hoping for a change in management. Mel Karmazin's five-year contract as CEO of the satellite radio provider has been extended through December 2012.

Since 2002, David and Tom Gardner have returned 31.77% while the S&P 500 returned -10.98%. Try Stock Advisor free for 30 days.

Sirius XM Satellite Radio Incon Wednesday said it extended the term of Chief Executive Mel Karmazin's employment contract, set to expire in November, through December 31, 2012, and raised his salary.

Sirius XM announced today that Mel Karmazin's employment agreement has been extended through December 31, 2012.

Option players are avoiding short-term trades on Sirius XM Radio Inc. . Among all July- and August-dated contracts, there are just 11 calls and 236 puts lingering in open interest.

U.S. car sales are in a ridiculous funk. Even with a strong June, the current annualized rate of about 10 million vehicles isn't enough to compensate for scrapped cars and population growth.

A Proton-M rocket with a U.S. telecommunications satellite will be launched on Tuesday from the Baikonur space center in Kazakhstan, the Russian Federal Space Agency said.

Since 2002, David and Tom Gardner have returned 31.60% while the S&P 500 returned -9.67%. Try Stock Advisor free for 30 days.

June 27, 2009 - Comments On Thursday, Sirius XM had a debt auction, selling four-year senior secured notes of a total of $525.8 million with strong investor demand.

Stock Shock the movie is breaking new ground. The movie that promises to shed light on illegal naked short selling has actually caught the eye of the United States Securities & Exchange Commission.

Want Sirius XM Bonds? Take A Number! There can be no denying the fact that Wall Street is looking at Sirius XM Radio with new interestLiterally! Today's $350 million bond offering was met with demand that would seem highly improbable even in today's potentially inflationary environment.

Sirius XM Radio announced yesterday that former talk show host and explosive "View" co-host Rosie O'Donnell will be hosting her own daily morning show on satellite radio come this fall.

Rosie O'Donnell is returning to the airwaves. The former talk show queen will host a daily radio show for Sirius XM Radio Inc.

Jon Zellner, currently senior vice president of music programming at Sirius XM Radio Inc.

The XM Satellite unit of Sirius XM Radio decided to raise its $350 million debt sale to $525 million as it sought to meet unexpectedly strong demand from buyers.

On any given day, CNBC viewers see that for every bull, there is a bear on any given index, sector or underlying equity.

Rosie O'Donnell is returning to the airwaves. The former talk show queen will host a daily radio show for Sirius XM Radio Inc.

Since 2002, David and Tom Gardner have returned 26.79% while the S&P 500 returned -11.61%. Try Stock Advisor free for 30 days.

Below is an auto news article from June 23, 2009 from Automotive.com and PRNewswire.