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Liberty Media moves towards majority stake in SiriusXM - what does it mean for subscribers?

Liberty Media moves towards majority stake in SiriusXM – what does it mean for subscribers?

Things are staying eventful for SiriusXM. Liberty Media this week continued its ongoing campaign to take control of the satellite radio provider by buying up 40 million additional shares of the company, bringing its total ownership to 48.8%, up from its 40% stake back in March. Liberty’s intent here is clear. In a a recent […]

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SiriusXM's Karmazin pretty much admits it's good to be a monopoly

SiriusXM’s Karmazin pretty much admits it’s good to be a monopoly

Last Thursday, on the eve of the company’s tenth anniversary celebration with Bruce Springsteen, SiriusXM CEO Mel Karmazin appeared for a thirteen minute interview on Jim Cramer’s CNBC investment show Mad Money. There are two big questions on the mind of satellite radio watchers: will John Malone’s Liberty Media buy up more of SiriusXM, and […]

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India says goodbye to WorldSpace

India says goodbye to WorldSpace

WorldSpace, Inc., officially renamed  “1WorldSpace,” discontinued its satellite radio services for subscribers in India yesterday, after a last-minute email notice to subscribers and employees in India.  According to the Economic Times, the estimated 4.5 hundred thousand subscribers (though many other reports indicate much lower numbers, at around 170,000) who will lose their service will not […]

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