November 30, 2005

Reminder: Karmazin and Cramer tonight at 6pm ET

Wednesday, November 30, 2005 at 5:28 PM

Hey just a reminder that Mel's gonna be on Jim Cramer's Mad Money in about 20 minutes on CNBC. Some of you could give a hoot, some of you are fanatic about this appearance. Either way it looks to be something interesting as a reader just sent me this from crazy Cramer himself (check it out after the jump).

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November 28, 2005

Alternate SIRI Stock message board

Monday, November 28, 2005 at 1:18 PM

I just want to take the quick opportunity to plug an alternative message board for your SIRI investors out there... oddly enough, it's called Sirius Alternative. Several of their members have been wonderful at supporting Orbitcast and I just want to return the favor by sending anyone interested in their direction.

Want to get some link-love yourself? Shoot me an email and let me know about your message board, blog, newsletter, cult or whatever. It's my hope to not only make Orbitcast a place for satellite radio news and information, but as a hub to find other satellite radio related websites.

UPDATE: I just heard there's also another Sirius message board, SiriusMoney, on MSN. Share the love!

Sirius: 5 million subscribers and target at $15?

Monday, November 28, 2005 at 11:49 AM

That according to Tobin Smith's Changewave newsletter sent on November 23rd. Using the recent Jupiter Research report as a basis, Tobin is speculating that Sirius Satellite Radio will jump to 5 million subscribers by the end of 2006, and has set his moving target to $15. Crazy talk?

November 15, 2005

SIRIUS to present at the Credit Suisse First Boston Leveraged Finance Media and Telecom Conference

Tuesday, November 15, 2005 at 1:50 PM

David Frear, SIRIUS Satellite Radio's Executive Vice President and Chief Financial Officer, will present at the Credit Suisse First Boston Leveraged Finance Media and Telecom Conference (link) in New York on Thursday, November 17th, 2005 at 2:45 pm ET.

A live audio webcast of the presentation will be available online.

 

November 1, 2005

Sirius Satellite Radio Revenue Report for 3Q05

Tuesday, November 1, 2005 at 8:32 AM

SIRIUS Satellite Radio’s third quarter financial and operating results are out and looking strong.

As of September 30th, 2005, SIRIUS had 2,173,920 subscribers. The third quarter subscriber figure reflects net additions of 359,294 subscribers, a 97% increase over the year-ago figure of 181,948 net subscriber additions. During the third quarter of 2005, SIRIUS added 209,920 net subscribers from its retail channel, a 56% increase over retail net subscriber additions for 3Q04. Sirius also added 149,000 net subscribers from its automotive OEM channel, a 230% increase over subscriber additions from that channel in 3Q04.

Sirius raised its year-end 2005 subscriber guidance to over 3 million, and reaffirmed its previous guidance on all other key metrics. SIRIUS reported revenue of $66.8 million for the third quarter of 2005, a 250% increase over the $19.1 million reported for the year-ago quarter. Average monthly churn for the third quarter and year to date was 1.8% and 1.5%, respectively. Average monthly churn is expected to be approximately 1.5% for the full year.

SIRIUS Satellite Radio also reported a net loss of ($180.4) million, or ($0.14) per share, for 3Q05 compared with a net loss of ($169.4) million, or ($0.14) per share, for 3Q04.

Get the full report here.

November 2005 (5)