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Discussion Starter #141
Modest Rate Increase

FROM SIRIUS XM CEO MEL KARMAZIN:

11/18/2011

Dear Valued Subscriber,

I would like to thank you for being a subscriber and for your continued support. As the Chief Executive Officer of SiriusXM, I spend much of my time focused on satellites, programming and employees, which are all very important, but nothing is more important to me than our subscribers. I understand that the primary reason you subscribe to SiriusXM is the unparalleled choice we offer, and since launching over a decade ago, we have continuously expanded the variety and quality of the programming we provide.

And the best is yet to come. We are building an exciting future that includes even more channels, greater diversity, exclusive subscriber benefits and more flexibility in the ways you can listen to SiriusXM.

I hope you understand that to continue bringing this unbeatable listening experience to our subscribers, there will be a modest rate increase of $1.00 to $1.54 per month — about 5 cents a day or less — on most SiriusXM audio packages. This increase will take effect on your next renewal date that occurs on or after January 1, 2012.

Because we know this increase comes during challenging economic times, we have provided some options below that you may want to consider, including several ways you could save:

— Keep what you have now, and your SiriusXM package will continue to offer you incredible value, with channels and channels of commercial-free music, plus sports, news, talk, entertainment and more — all in one place.

— If you’re paying invoice fees, save $2.00 per billing cycle simply by changing to credit or debit card billing. It’s far more convenient and a great way to save.

— Take advantage of our Annual Plan discounts, which are available on most SiriusXM packages and offer you better value because they include a month free (you pay for 11, you get 12). If you switch to an Annual Plan before January 1, 2012, you’ll be billed at the current rates for your first year. Installment billing is available for most Annual Plans.

— Consider upgrading to our All Access package, which gives you all the channels available for your radio, plus access to SiriusXM programming on your computer, smartphone or other mobile device, for a great bundled price. It is our best value.

As we continue to add exciting new content and find more ways for you to enjoy our programming, we will work hard to control costs and create efficiencies to ensure SiriusXM continues to be the best value for your entertainment dollar.

On behalf of everyone at SiriusXM, thank you for your support.

Sincerely,

Mel Karmazin

Continue reading on Examiner.com Sirius XM announces subscription rate hike - National howard stern | Examiner.com Sirius XM announces subscription rate hike - National howard stern | Examiner.com
 

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Discussion Starter #142
Sirius XM's Deal With Auto Nation

January 5, 2012

With the new year came an announcement that Sirius XM Satellite Radio struck an interesting deal with Auto Nation . It is a deal that works well for both companies. Auto Nation gets to provide used car buyers with the benefit of three months of satellite radio, and Sirius XM gets a chance to show off its product in the hope that these car buyers will fall in love with and keep the service. In simple terms, any used car sold by participating Auto Nation dealers, regardless of brand, will get a three month promotional subscription to Sirius XM.

Sirius XM is fairly new at the used car game, and until recently, the numbers simply did not stack up to get too aggressive in that segment of the market. However, last summer the company announced similar deals with GM and Nissan that helped pave the way for the company to announce nearly 540,000 subscribers in Q4.

Before going any further, there are a few points that need to be understood by investors:

When the car is sold the consumer gets satellite radio for three months, but is NOT counted in the subscriber numbers of Sirius XM

Only after the three month promotional period can the customer be counted as a subscriber, and only IF they elect to become self-paying
Cars sold in the current quarter are not eligible to become subscribers until the next quarter.

Sirius XM pays a fee to run these promotions, and these fees impact metrics such as EBITDA, and Free Cash Flow and Subscriber Acquisition Costs .

People who do not become subscribers after the promotional period are NOT counted in churn (they were never a subscriber), and not counted as a deactivation.

One true benefit to this type of deal for Sirius XM is that it allows an expensive to install factory radio a second (or perhaps even a third) chance at becoming a paying radio. The big cost of these "used car radios" has been previously absorbed in another previous quarter's, perhaps even years ago. That is not to say that these "used car radios" are free of a subscriber acquisition cost. Any fee paid to Auto Nation will be accounted for in the current quarter's SAC numbers. That is not bad though, and the numbers are substantial enough for it to be worthwhile. Consider these metrics:

In Q3 of 2011 Auto Nation sold about 45,000 used cars.
My research indicates that the "penetration rate" (the number of used cars equipped with satellite radio) is between 40% and 45%.
This would imply that of the 45,000 used cars-- somewhere between 18,000 and 20,000 -- would have been eligible for the Sirius XM program.
Sirius XM has stated that it is seeing a conversion rate (percentage of promotional subscriptions that convert to self-pay) in the used car segment of "the mid 30's".
This would imply that about 19,000 cars would have become non-paid (not counted in the subscriber number) promotional subscribers during that quarter, and that about 6,650 would have converted to full self-paying subscribers the following quarter.

While these numbers may not seem huge, they can begin to tell the story of the used car market. Consider this-- Auto Nation represents a couple of hundred dealerships. The GM deal that Sirius XM inked last summer incorporates over 2,000 dealerships! Thus, in very simple terms, if Auto Nation is delivering almost 7,000 subscribers in a quarter, is it outside the realm of possibility that 2,000 participating dealerships can add 70,000? And we still have not considered the Nissan deal, which likely adds another 500 dealerships to the mix (out of 1,500 dealerships). That would mean the potential from Nissan adds another 17,000 to the mix.

As you can see, the potential of these three deals alone (Auto Nation, GM, and Nissan) is an impressive 94,000 net subscribers each quarter. As Sirius XM signs up more used car dealers, that number will increase.

Given the success of the initial deals (I would estimate that the GM and Nissan deals accounted for 60,000 to 80,000 subscribers in Q4 of 2011), and the fact that Sirius XM announced 3 of them in 2011, I am looking for another 6 to 8 such announcements in 2012. The numbers could grow quickly.

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Discussion Starter #143
Sirius XM Radio

Posted 01/04/2012


Sirius XM Radio (SIRI), satellite radio company, said it added 540,000 subscribers in Q4, 1.7 mil for 2011, ending with a total 21.9 mil. Shares rose 2%.
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Just got off the phone w/ listener care after trying to get the 6 month /$25 deal, which is for existing subs only.

I was told the best deal they have for new radios is: 6 months XM Select for $29.99

Taxes and fees are extra, all in all i paid $35.49 for it, and I'm listening to my radio now. Great deal for me, since I never see any deals for new subs.

Call up: 1-866-635-5020 ask for 6mo. for $30
 

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Discussion Starter #145
Sirius Plans Next-Gen Universal Car Tuner

1/30/2012

NEW YORK — SiriusXM satellite radio plans spring availability of its second-generation universal tuner for connection to aftermarket car audio head units available from multiple aftermarket supplers.

The new SXV200V1 SiriusXM Connect Vehicle Tuner at a suggested $79.99 will deliver the expanded channel lineup of the broadcaster’s 2.0 satellite service and continues to offer the convenience features of its predecessor, including iTunes tagging and ability to pause, rewind and replay up to 30 minutes of live programming. Other features that continue include Song Alert, Artist Alert and Game Alert.
SOURCE

The new and original SiriusXM universal tuner allows for a standardized one-cable connection to head units from multiple suppliers. Previously, installations required addon adapters for different brands of heads and multiple wiring connections.

Suppliers with units compatible with the tuner include Advent, Alpine, Audiovox, Clarion, Dual, Sony, JVC and Kenwood.
 

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Discussion Starter #146
Sirius XM to Celebrate 10 Years of Satellite Radio with Special Bruce Springsteen Concert Event

01 Feb 2012



Sirius XM Radio (NASDAQ:SIRI) will celebrate 10 years of Satellite Radio with a special Bruce Springsteen concert event on March 9th, 2012. Bruce Springsteen and the E Street Band will perform at Harlem’s historic Apollo Theater for the very first time at a special concert event — exclusively for Sirius XM Radio.

We are proud and excited to celebrate ten years of satellite radio with one of the most enduring superstars of popular music, and true friends of SiriusXM, Bruce Springsteen and the E Street Band. Bruce’s music, now more than ever, reflects the attitudes and controversies, and the personal and national conversations of our time. This concert offers our subscribers the opportunity to hear Springsteen and the E Street Band perform in one of the most intimate and historic settings in the world.

– Scott Greenstein, President and Chief Content Officer, SiriusXM

In addition, Sirius XM also announced that in celebration of Satellite Radio’s tenth anniversary, and on behalf of its employees and Bruce Springsteen and the E Street Band, the company will make a contribution to WhyHunger, the non-profit organization founded in 1975 by singer-songwriter Harry Chapin and current executive director Bill Ayres, which fight’s hunger and poverty around the world. Sirius XM Radio’s continuing support of WhyHunger is part of its “Sound of Change” initiative.

Sirius XM (NASDAQ:SIRI) - Bruce Springsteen - Wrecking BallThis special Sirius XM Radio concert celebration with Bruce Springsteen and the E Street Band will be held on Friday, March 9th at 8:00 pm ET, just three days following the release of Springsteen’s highly anticipated, new album Wrecking Ball. Sirius XM will broadcast this exclusive concert live on Bruce Springsteen’s E Street Radio (Sirius and XM channel 20).

Springsteen’s 17th studio album Wrecking Ball was produced by Ron Aniello with Bruce Springsteen and executive producer Jon Landau and features 11 new recordings.

Sirius XM subscribers will have the opportunity to win tickets to the event via listener emails and various call-in promotions on E Street Radio and other Sirius XM channels. Subscribers can also enter for a chance to win tickets by going to Welcome to the world of satellite radio - SiriusXM Radio. Sirius XM host and rock journalist Dave Marsh will also give away one grand prize travel package, which includes four tickets to the concert, a paid trip to New York City, two nights lodging and the opportunity to guest DJ on E Street Radio, during his E Street Radio show, Live From E Street Nation. Official Rules can be found at Welcome to the world of satellite radio - SiriusXM Radio.

Sirius XM’s exclusive E Street Radio channel offers Satellite Radio listeners unprecedented access to the music of Bruce Springsteen and the E Street Band, including rare recordings, exclusive concert broadcasts, insider reports and breaking news.

SOURCE
 

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Discussion Starter #147
SiriusXM and NASCAR to Broadcast Races Online and on SiriusXM App
For the first time, SiriusXM will simulcast the SiriusXM NASCAR Radio channel's programming - including all live NASCAR races - online and through the SiriusXM Internet Radio App, SiriusXM broadcasts every NASCAR Sprint Cup Series, NASCAR Nationwide Series




NEW YORK, March 21, 2012 --

Sirius XM Radio (NASDAQ: SIRI) and NASCAR announced today an agreement to simulcast the programming on the SiriusXM NASCAR Radio channel in its entirety – which includes live broadcasts of every national series race, plus daily NASCAR talk – online for SiriusXM subscribers nationwide.



Starting with this weekend's races in Fontana, CA (March 24-25), subscribers who have SiriusXM Internet Radio access can listen to live broadcasts of every NASCAR Sprint Cup Series, NASCAR Nationwide Series and NASCAR Camping World Truck Series race on the SiriusXM NASCAR radio channel through their computers at siriusxm.com and through the SiriusXM Internet Radio App for smartphone and wireless devices.

SiriusXM NASCAR Radio, channel 90, is available to Sirius subscribers, XM Premier (formerly known as "The Best of Sirius") and SiriusXM Premier subscribers.


SiriusXM NASCAR Radio is the only radio channel dedicated to NASCAR racing 24 hours a day, 365 days a year. The channel's daily talk programming will begin simulcasting online on Thursday, March 22. Throughout the season, NASCAR fans get a daily lineup of call-in talk shows that feature up-to-the-moment news, expert analysis and interviews with the biggest names in the sport, plus specials hosted by three-time NASCAR Sprint Cup Series champion Tony Stewart.

"Extending our broadcasting agreement with SiriusXM was a big offseason move for the sport," said Brian France, Chairman and CEO of NASCAR. "A dedicated NASCAR channel is important for our teams, tracks, drivers and sponsors and is crucial for fan engagement and audience growth. Being able to simulcast SiriusXM NASCAR Radio online to subscribers nationwide will allow us additional opportunities to take our product to new fans in new places."

"SiriusXM NASCAR Radio has become a part of many NASCAR fans' daily lives and with so many fans now connecting to their sport through handheld devices, we want to give them an easy way to access the sport they love online and in mobile settings," said Scott Greenstein, SiriusXM's President and Chief Content Officer. "NASCAR is an excellent partner and its programming continues to be a key element in the SiriusXM lineup. We're very pleased to now deliver to our subscribers live coverage of every race broadcast, plus our unparalleled daily talk and analysis, through their computers and mobile devices in addition to their satellite radios."

SiriusXM and NASCAR recently agreed to a five-year extension of their satellite broadcasting agreement. SiriusXM will continue to broadcast every NASCAR Sprint Cup Series, NASCAR Nationwide Series and NASCAR Camping World Truck Series race live nationwide through 2016. Listeners also get daily NASCAR talk and expert analysis 365 days a year on SiriusXM NASCAR Radio, channel 90.

For more info visit 24/7 NASCAR Talk & Every Race - NASCAR - Sports - SiriusXM NASCAR Radio - SiriusXM Satellite Radio - SiriusXM Radio or The Official Site of NASCAR News, Video, Drivers, Tracks, Schedules & Fantasy | NASCAR.COM. Follow us on Twitter at @SiriusXMNASCAR and @NASCAR.

About Sirius XM RadioSirius XM Radio is America's satellite radio company. SiriusXM broadcasts more than 135 satellite radio channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather, and data services to over 21 million subscribers. SiriusXM offers an array of content from many of the biggest names in entertainment, as well as from professional sports leagues, major colleges, and national news and talk providers.

SiriusXM programming is available on more than 800 devices, including pre-installed and after-market radios in cars, trucks, boats and aircraft, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available at siriusxm.com, and on Apple, BlackBerry and Android-powered mobile devices.

SiriusXM has arrangements with every major automaker and its radio products are available for sale at shop.siriusxm.com as well as retail locations nationwide.
 

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Discussion Starter #148
Chrysler first to install new Sirius XM radios

04/05/2012

Chrysler Group LLC has become the first auto manufacturer to sign on to install in its vehicles the new Sirius XM radios that can carry more Spanish-language channels and other content, the companies said on Thursday.

Sirius XM's new radios are available in stores, but Chrysler is the first company to outfit new vehicles with them. They will be available in Chrysler Ram 1500 trucks and Viper sports cars, the companies said in a statement during the New York International Auto Show.


Chrysler, the No. 3 U.S. automaker, will carry the new radios exclusively for a year. Sirius XM has said it was working with other automakers but no accouchements have been made yet.

The satellite radio provider's main growth comes from its automobile listeners, who sign up for the service after they receive a few months of promotions when buying a car. The company said in February that its radios are installed in 67 percent of new vehicles sold in the United States, up from 62 percent a year earlier.

Sirius XM, which has 21.9 million subscribers, is facing increased competition from Internet radio companies such as Pandora, which car companies such as General Motors are touting in TV advertisements. Pandora said on Thursday it had 51 million active listeners at the end of March.

The satellite radio company is trying to stand out by paying for exclusive content such as Howard Stern's radio show and 19 channels of Spanish-language programming.

Shares of Sirius XM were 4 cents higher at $2.33 while Fiat, which has been running Chrysler since a 2009 bailout deal backed by the U.S. government, saw its shares rise 3 percent in Italy on Thursday.

SOURCE
 

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Discussion Starter #149
press release



April 24, 2012
Hyundai Dealers to Offer Three-Month SiriusXM Subscription on Pre-Owned Vehicles with Factory-Installed Satellite Radios

NEW YORK, April 24, 2012 /PRNewswire via COMTEX/ -- Sirius XM Radio SIRI +2.57% and Hyundai Motor America today announced that participating Hyundai dealers will give customers across the United States a three-month SiriusXM subscription when they purchase a pre-owned vehicle, regardless of manufacturer, equipped with satellite radio.

"Hyundai is dedicated to its dealers and customers and this is just one more way for us to go one step beyond by offering customers not only an attractive selection of Certified Hyundai, pre-owned Hyundai and non-Hyundai vehicles, but to include a three-month subscription for SiriusXM," said Jose Froehlich, Manager, Hyundai Certified Pre-Owned, Hyundai Motor America.

"We are proud that Hyundai dealers want to demonstrate SiriusXM for their pre-owned vehicle customers," said Joe Verbrugge, Senior Vice President and General Manager, Automotive Remarketing and Retail Sales, SiriusXM. "By including a three-month SiriusXM subscription, customers buying any pre-owned vehicle from Hyundai can be assured that when they start up their vehicles they are getting best-in-class technology and can enjoy our unparalleled audio entertainment lineup."

Customers purchasing pre-owned vehicles with satellite radio from participating Hyundai dealerships will get automatic access to commercial-free music, and premier sports, news, talk, entertainment plus traffic and weather information delivered by SiriusXM.

Hyundai will continue to offer customers a three-month SiriusXM subscription with the purchase of new and Certified Pre-Owned vehicles that are factory equipped with satellite radio.

Hyundai dealers interested in enrolling in this program can enroll online at SiriusXM Pre-Owned Vehicle Program - Home .

For more information on SiriusXM, please visit Welcome to the world of satellite radio - SiriusXM Radio .

SOURCE
 

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Discussion Starter #150
Sirius XM Counts Record Subs
by Erik Sass, Wednesday, May 2, 2012



Satellite radio broadcaster Sirius XM has recruited a record number of subscribers, growing 8.3% to 22.3 million for the first quarter. Total revenues jumped from $724 million to $805 million over the same time period, the company revealed in its first-quarter results.

A large part of the company’s growth came from new vehicle sales and vehicle trial subscriptions converting to paying subscriptions, with 45% of all new vehicle owners deciding to convert to paying subscriptions -- the same as first-quarter 2011.

Looking to the future, Sirius XM CEO Mel Karmazin said improving car sales will continue to drive growth for the satellite broadcaster in 2012, projecting total subscriber growth of 1.5 million by the end of the year -- revised upwards from the company’s earlier forecast of 1.3 million net additions.

Subscriber churn, an important measure of the company’s stability, decreased slightly from 2% in 2011 to 1.9% this year, reflecting the increased share of vehicle-based subscriptions, which tend to be less volatile. Karmazin noted that churn decreased despite an increase in the subscription price.

Advertising revenues remain a fairly small part of Sirius XM’s business, growing from $16.6 million in the first quarter of 2011 to $18.7 million this year (remaining stable at 2.3% of total revenues).

Karmazin said the company hopes to woo new subscribers and retain existing ones, with a range of new content and features delivered via satellite and Internet: “We are rolling out more satellite channels via factory-installed 2.0 radios, and we are improving our online offering by delivering even more live sports coverage, updated apps with enhanced features, and later this year, on-demand content and personalized radio.”

Read more: MediaPost Publications Printer Friendly
 

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Discussion Starter #151
Indy 500, Firestone Freedom 100, Coca-Cola 600 on SIRIUS XM

05/23/2012

Racing fans with a satellite radio subscription to SIRIUS XM will be able to hear the Indianapolis 500 direct from the race on Sunday, May 27. Pre-race and complete race coverage will air on XM channel 94 and channel 212 on Sirius Premier (formerly known as "The Best of XM"). (Graphic: Sirius XM Radio)

Programming, hosted by Jack Arute, begins 9:00 a.m. ET race day and leads up to the actual green flag drop at 12:00 p.m. ET. Afterward, a post-race recap and interviews will follow.

On race moring, SIRIUS XM will also air the Formula One Grand Prix of Monaco at 8:00 a.m. ET (Sirius channel 94/XM channel 208) and after the Indy 500 subscribers can hear the Coca-Cola 600 NASCAR Spring Cup Series at 5:00 p.m. ET on Sirius channel 90 and XM Premier.

SIRIUS XM will air the Firestone Freedom 100 at 12:00 p.m. ET on Friday, May 25 (same channels).
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Discussion Starter #152
Ford and Lincoln Dealers to Provide 3-Month SiriusXM Subscription on All Pre-Owned Vehicles with Factory-Installed Satellite Radios


Tuesday, May. 29, 2012

NEW YORK, May 29, 2012 -- /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) today announced that Ford and Lincoln dealers will provide customers a 3-month SiriusXM subscription when they purchase any pre-owned vehicle with a factory-installed satellite radio from more than 1,200 participating dealerships across the United States.

"Ford and Lincoln dealers are dedicated to providing customers with superior quality vehicles with features that enhance their driving experience," said Dave Mondragon, General Manager, Ford and Lincoln Marketing. "Now even more customers buying a vehicle from the satellite radio-equipped inventories of Ford and Lincoln dealerships will have the opportunity to listen to SiriusXM when they first start up their newly acquired pre-owned vehicles."

"We are excited to work with over 1,200 Ford and Lincoln dealers to enhance the pre-owned buying experience of their vehicles, many which are already equipped with satellite radio," said Joe Verbrugge, Senior Vice President and General Manager, Automotive Remarketing and Retail Sales, SiriusXM. "Now with the addition of Ford and Lincoln dealers, customers can listen to SiriusXM programming for 3 months when buying any pre-owned vehicle equipped with satellite radio from more than 5,000 dealers across the country."

Ford and Lincoln customers purchasing any pre-owned vehicle with a factory-installed satellite radio will have access to commercial-free music, and premier sports, news, talk, entertainment plus traffic and weather information broadcast by SiriusXM.

Ford Motor Company will continue to give customers a 6-month SiriusXM subscription with the purchase of new Ford and Lincoln vehicles and a 3-month subscription with the purchase of Certified Pre-Owned vehicles.

For more information on SiriusXM, please visit Welcome to the world of satellite radio - SiriusXM Radio.


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Discussion Starter #153
Sirius XM Announces 622,042 New Subscribers – Raises Revenue Guidance

July 9, 2012




Sirius XM Radio (NASDAQ:SIRI) today announced that it has added an impressive 622,042 net subscribers in the second quarter of 2012, up 38% from 452,147 net subscribers added in the second quarter of 2011. The company has added over 1 million net subscribers in the first half of 2012 and is well on its way to beating the newly raised subscriber guidance of 1.6 million! As of June 30, 2012, the Company had over 22.9 million subscribers.

Sirius XM started off the year with 2012 subscriber guidance of just 1.3 million subscribers. After delivering 404,000 in the first quarter, CEO Mel Karmazin adjusted the subscriber guidance to 1.5 million. Now, for the second time this year the company is raising subscriber guidance again. The new number of 1.6 million is likely a conservative number given the fact that less than 600,000 are now needed to meet it.
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Discussion Starter #154
SiriusXM to Offer Daily Satellite Radio Coverage of London 2012 Olympic Games

SiriusXM, in association with Dial Global and NBC Olympics, will provide subscribers up to the moment news and highlights, live reports from London, interviews and play-by-play of Olympic events

From July 27 through August 12, around-the-clock coverage on "Summer Games Radio," Sirius channel 93 & XM channel 209

Listeners will hear from 1992 Olympic "Dream Team" member Christian Laettner; former U.S. Soccer team member John Harkes; plus SiriusXM's experts on basketball, soccer, boxing, wrestling and more


PR Newswire (SiriusXM to Offer Daily Satellite Radio Coverage of London 2012 Olympic Games -- NEW YORK, July 25, 2012 /PRNewswire/ --)
 

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Discussion Starter #155
Next Generation Sirius XM Equipment Announced
July 27, 2012

The quick eyes over at Twice.com caught some great news for Sirius XM (NASDAQ:SIRI) subscribers. Dice Electronics has announced that it will be developing its next generation of OE-integration kits to connect Sirius XM’s SXV200V1 “universal” black-box tuner to factory sound systems. What’s the big deal? Read on and you shall see!

These next generation aftermarket devices will enable capable factory installed sound systems to stream the expanded lineup of Sirius XM channels. That’s right! Satellite Radio 2.0 will be more available for consumers with the addition of a simple device! This means more channels, more capability, and a better consumer experience.

Dice hopes to integrate four key features into the system:

Tune Start, which begins playing the current song from the beginning when a user tunes to a new music channel.
Show Finder is an electronic programming guide showing seven days with of programming.
Featured Favorites consists of channel collections selected by the Sirius XM programming team.
A fourth feature is still TOP SECRET and will be unveiled later this year, giving us all something new to speculate about.



Connectivity to the SXV200V1 will be included in DICE’s integration kits. This will enable factory-head control of iPhones and iPods and previously allowed for the addition of the Sirius SC-1 satellite tuner. The kits will also enable factory heads to control an iPhone-installed Livio Internet radio app, enabling the head units to select thousands of Internet stations including Sirius XM Internet Radio.

Dice has not stopped there. The company is also developing a flagship MediaBridge kit, which on top of the features described above will also add USB digital audio playback of files stored on USB drives in various formats, and it will also add stereo Bluetooth A2DP streaming with AVRCP. This enables wireless control of certain functions oused to control streaming apps such as Livio, Pandora, and Spotify, as well as smartphones. Even better, DICE’s current pricing will not break the bank! The base kit should carry a suggested retail price of $189, while the MediaBridge should come in at about$299.


SOURCE
 

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Discussion Starter #156
Sirius XM Radio: Satellite Radio OEM Installations Top 50 Million


08/22/2012

Sirius XM Radio announced today that it has passed the 50 million mark for OEM factory installations of the company’s satellite radios.

The satellite radio penetration rate as a percentage of new U.S. auto sales has climbed every year since the previously separate Sirius and XM satellite radio companies launched about ten years ago. This year, 70% of all new vehicles sold in the U.S will be factory installed with Sirius XM satellite radios. SiriusXM Radio is now factory installed in vehicles from every major automaker and most specialty car makers.
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Discussion Starter #157
Hendrick Automotive Group To Offer SiriusXM In All Satellite Radio-Equipped Pre-Owned Vehicles




NEW YORK, Sept. 6, 2012 – Sirius XM Radio and Hendrick Automotive Group today announced that customers purchasing any pre-owned vehicle with a factory-equipped satellite radio from any of the 84 Hendrick Automotive Group dealerships across the United States and through Hendrickcars.com automatically will receive a three-month SiriusXM subscription.


“I’ve been a SiriusXM listener for years,” said Rick Hendrick, Chairman of Hendrick Automotive Group and Owner of NASCAR’s Hendrick Motorsports. “I’m a big fan of E Street Radio and of course SiriusXM NASCAR Radio. So it’s exciting that our dealerships and Hendrickcars.com will be able to give our pre-owned customers SiriusXM. It’s a terrific service for people who love great radio content, from sports and news to music and entertainment.”

“More than 6,000 dealers across the country have signed up to give their pre-owned vehicle customers a three-month SiriusXM subscription, and we are very excited to include Hendrick Automotive Group in the SiriusXM pre-owned vehicle program,” said Joe Verbrugge, Senior Vice President and General Manager, Automotive Remarketing and Retail Sales, SiriusXM. “We look forward to working with Hendrick Automotive Group dealerships to deliver SiriusXM’s critically-acclaimed entertainment to their pre-owned vehicle customers.”

Customers purchasing pre-owned vehicles with a factory-equipped satellite radio from Hendrick Automotive Group dealers will have access to commercial-free music, and premier sports, news, talk, entertainment plus traffic and weather information broadcast by SiriusXM.

SiriusXM broadcasts every NASCAR race, every IndyCar Series race and every Formula 1 race, giving motor sports fans around the country access to world-class racing on oval tracks, road course tracks and street circuits.

Franchise and independent automobile dealers interested in joining SiriusXM’s pre-owned vehicle program can obtain additional information and enroll at SiriusXMPreownedTrial.com.

A full list of Hendrick Automotive Group dealerships is available at Hendrick Automotive Group. Customers also can search for vehicles equipped with SiriusXM, browse inventory and make purchases through Search Used Hendrick Automotive Group Cars Online at Hendrickcars.com, which features more than 25,000 new and pre-owned vehicles.

For more information on SiriusXM, please visit Welcome to the world of satellite radio - SiriusXM Radio.

About Sirius XM Radio

Sirius XM Radio Inc. is the world’s largest radio broadcaster measured by revenue and has 22.9 million subscribers. SiriusXM creates and broadcasts commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment; and the most comprehensive Latin music, sports and talk programming in radio. SiriusXM is available in vehicles from every major car company in the U.S., from retailers nationwide, and online at siriusxm.com. SiriusXM programming is also available through the SiriusXM Internet Radio App for Android, Apple, and BlackBerry smartphones and other connected devices. SiriusXM also holds a minority interest in SiriusXM Canada which has more than 2 million subscribers.

About Hendrick Automotive Group

Encompassing more than 80 dealerships from the Carolinas to California, Hendrick Automotive Group is one of the largest automotive retail organizations in the United States. Headquartered in Charlotte, N.C., the company employs more than 7,500 people across 12 states. For more information, please visit Hendrick Automotive Group.

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: our competitive position versus other forms of audio entertainment; our dependence upon automakers; general economic conditions; failure of our satellites, which, in most cases, are not insured; our ability to attract and retain subscribers at a profitable level; royalties we pay for music rights; the unfavorable outcome of pending or future litigation; failure of third parties to perform; and our substantial indebtedness. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2011, which is filed with the Securities and Exchange Commission (the “SEC”) and available at the SEC’s Internet site (U.S. Securities and Exchange Commission | Homepage). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

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Discussion Starter #158
Sirius XM Class-Action Settlement Upheld by Appeals Court

Dec 20, 2012


Sirius XM Radio Inc. (SIRI) and its customers won appeals court approval of a class-action lawsuit settlement challenged by some satellite radio subscribers who claimed they got too little and lawyers too much.

The U.S. Court of Appeals in Manhattan today affirmed a ruling by a lower court that approved the suit settlement, valued at $180 million. Plaintiffs’ lawyers were awarded $13 million in fees.

“Competent counsel appeared on both sides, and settlement was reached only after contentious negotiations,” the appeals judges said in their opinion. “Thus the district court did not abuse its discretion when it presumed the proposed settlement was procedurally fair.”

Subscribers sued Sirius XM Radio in 2009, claiming that it violated antitrust law when it raised prices after Sirius Satellite Radio acquired its only competitor, XM Satellite Radio, in 2008. They said Sirius broke promises it made to win merger approval from the Federal Communications Commission.

Sirius XM argued that the price increases were justified to cover higher costs.

In August 2011 Sirius XM won District Court approval of a settlement before a trial was to take place. The accord provided for an unchanged subscription price for five months ending last Dec. 31.

The appeal is Blessing v. Sirius XM Radio, 11-3696, Court of Appeals for the Second Circuit (Manhattan). The lower-court case is Blessing v. Sirius XM Radio, 09-10035, U.S. District Court, District of New York (Manhattan).
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Discussion Starter #159
Sirius Radio in All Toyota Cars


01/09/2013

Sirius XM Radio Inc. (SIRI - Analyst Report) the largest satellite radio broadcaster in the U.S. has announced that its radio service will now be available in the entire vehicle line up of Japanese Car manufacturer Toyota Motor Corporation (TM - Analyst Report). Tying up with the world’s largest car manufacturer greatly enhances the growth prospects for Sirius.

Toyota’s multimedia system will now come equipped with Sirius XM radio systems and will also be a standard feature on all vehicles fitted with Toyota’s popular Entune System. Sirius XM radio service has been available in Toyota cars since 2004, but it is only now that it has been made a standardized feature in its entire vehicle line up.

Sirius XM broadcasts music, sports, news, talk, entertainment, traffic and weather news in the U.S. and Canada for a subscription fee through its proprietary satellite radio systems. Customers purchasing new Toyota vehicles will get a three month Sirius XM subscription featuring free music, premier sports talk, live events and comedy, among others.

Satellite radio is easy to use and is gaining popularity among customers buying first hand cars. The large variety of programming offered by Sirius XM will make the Toyota customer journey even more enjoyable.

We believe tying up with the auto giant will provide a strong revenue stream for the company going forward as Toyota expects a 2% sales growth in 2013 based on a resurgence of auto industry in the U.S. Additionally, it also puts Sirius XM in a better position as compared to rival Pandora Media Inc. (P - Snapshot Report) who is also vying in the auto space.

Notably, though the deal is beneficial to Sirius XM, the company that will yield the biggest gain is its majority owner Liberty Media Corp. (LMCA). Recently, Liberty Media received a shot in its arm as the Federal Communications Commission (FCC) has approved the transfer of control of broadcast licenses of Sirius XM. Theoretically, it means that Liberty Media can now control more than 50% of Sirius XM and is expecting to assume decisive control of the radio broadcaster within 60 days of gaining FCC approval.
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Canadian Satellite Radio gets five-year deal for Chrysler to install SiriusXM

Jan 14, 2013



TORONTO – Chrysler Canada has agreed to factory-install SiriusXM commercial-free satellite radios into an unspecified number of vehicles over the next five years.

Canadian Satellite Radio Holdings Inc. (TSX:XSR) says Chrysler Canada will include pre-paid 12-month subscriptions to SiriusXM radio.

The Toronto-based broadcaster has long counted automakers as allies in its effort to build a customer base for its subscription-based radio services.

CSR doesn’t say how much revenue it expects to receive from the Chrysler Canada deal or how many radios it expects the automaker to install.
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