Sirius Radio's loss grows in 4Q to $311.4M

Business Week Online ^ | 02/17/2006 | AP

[Tree of Liberty]

Sirius is getting FNC back

NEW YORK (AP) -- Sirius Satellite Radio Inc. will bring back Fox News Radio to its lineup next month under a new long-term agreement with Rupert Murdoch's network, the companies said Friday.

Sirius, which boasts more than 3 million subscribers to its satellite radio service, said Fox News and Fox News Talk will rejoin its lineup on March 14.

The new agreement replaces a previous one between the companies, which expired at the end of 2005.

FOX's talk radio features some of the network's most well-known names, including Bill O'Reilly and Tony Snow.

Fox News is owned by Fox Entertainment Group Inc., a unit of News Corp.

Sirius shares fell 17 cents, or 3 percent, to $5.48 in morning trading on Nasdaq, while shares of News Corp. edged down 3 cents to $16.87 on the New York Stock Exchange.

[Steveone]

There are a couple guys with a show on XM kicking ole Howards butt.

[fuzzycat]

I have the Sirius S-50 and I can record anything I hear with the push of a button. Mel says a live portable will be available this summer with a BUY button.
I own 12200 shares and holding long term.

[fuzzycat]

No commercials on music streams.

[SpottedBeaver]

There are a couple guys with a show on XM kicking ole Howards butt.

Grrrrrr! Steve, Grrrrr!

[fuzzycat]

Fox returns in March.

[OKIEDOC]

This sounds like a giant scam.

This also sounds like something Radio Air America and Alice Franken and his crew of lying liars might pull on a bunch of gullible left wing extremist jihadists liberals.

The Stern deal sounded to me like a lot of money for filth that any drunken sot at a Saturday night frat party can do just as well.

[ken5050]

Thanks..BTW..I think that Stern had originally intended to purchase a collar on his stock..which would have locked in his profit..but recent IRS rulings have deemed that technique a sale..with the attendant tax consequences..

[ContemptofCourt]

I own 12200 shares and holding long term.

I'm curious...what is your price target? I wouldn't touch SIRI just because it has a float of 1.3 Billion shares and a market cap of over $6B and has yet to earn a penny.

Besides, looks like dead money for at least another year.

[Steveone]

The reason I got XM was NASCAR and Fox .

[Bitsy]

To me nobody on this earth is worth $400,000!

[SAJ]

The business model (assuming only that I understand it reasonably well...always a risk there!) literally cannot work. The level of subscribership required for either company to reach what amounts to self-sustaining 'critical mass' is simply too high. One player in the market, as currently constituted, might succeed. Two large players haven't a chance.

No ill will toward either company, but, were I they, I'd chop the marginal programme offerings today -- not tomorrow, today -- because its the overhead that's the killer here. Sure hope they own their own satellites, or are at least prime lessors.

[sopwith]

are you sure I have siruis but got xm also for nascar and fox.
in 07 I can dump xm if they get fox back.

[E. Pluribus Unum]

I was thinking the same thing... an XM/Sirius merger is their only hope of survival.

[SpottedBeaver]

My brother got me the XM for Christmas. I jump all around the channels, from the local traffic to a few music stations and the comedy channel.

I just found O&A and they have me busting up in the morning, on the way to work.

One thing that surprise me was that they are friends with Sean Hannity. Sean called into the show last week and talked a little... uh... politics.

[Doohickey]

The music channels don't have commercials. Most everything else does, since much of the talk and news content is syndicated it sort of makes sense.

[FreedomPoster]

>>In the case of radio, you have the added disadvantage that the competitors offer their services for free to the listener,

They know what their product is worth. I can't listen to broadcast music radio. Love my XM.

[Shqipo]

>>Fox returns in March.<<
--Excellent news. Thanks for the update.

[FreedomPoster]

How much Sirius stock do you own, again?

Both XM and Sirius are great, we need this model to survive. I can't imagine going back to old-school terrestrial radio.

[detsaoT]

There are a couple guys with a show on XM kicking ole Howards butt.

LOL! It really is no contest. The old guy just didn't stand a chance... ;)

RAMON!!!!!!