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As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
Howard Stern and SiriusXM have announced a new agreement under which the broadcaster will continue to produce and host The Howard Stern Show for SiriusXM for the next five years, and the Howard ...
Its subscriber base peaked five years ago, but it's just 5% lower today. The media stock is calling for a 2% decline in revenue this year, its third consecutive year with a top-line dip. Retention ...
SiriusXM has unveiled its “Future Five” for 2025, five artists who it has supported and predicts to break through this year. The class of 2025 is Balu Brigada, Hudson Westbrook, Ken Carson ...
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
In January 2003, the company underwent a re-capitalization plan, involving XM exchanging US$300 million in old debt for new debt, while deferring interest for 3-years on the notes. They also restructured payment obligations on the General Motors installation agreement, issuing a convertible bond to GM, issuing a warrant for shares to GM, and ...