Archive for July, 2005

XM, Napster to sell music heard on satellite radio

XM Satellite Radio (XMSR.O: Quote, Profile, Research) and digital music provider Napster Inc. (NAPS.O: Quote, Profile, Research) on Wednesday said they would launch a service that lets XM subscribers buy music they hear on XM radio, sending Napster shares up 7 percent.
The agreement comes one day after XM, which leads the nascent pay-radio market over […]

Saturday, July 30th, 2005

Motorola, Yahoo Deal Could Challenge Satellite Radio

The global number 2 handset maker will preinstall Yahoo services on its Linux and Java platform mobile phones.
Another day, another alliance. Yahoo has followed up its purchase of Konfabulator widget software maker Pixoria with a deal that will place its services on thousands of forthcoming Motorola devices.
“By working with Motorola and leading carrier partners on […]

Saturday, July 30th, 2005

XM Satellite Radio Holdings Inc. Announces Second Quarter 2005 Results and Increases Year-end Subscriber Guidance to 6 Million

XM Satellite Radio Holdings Inc. (Nasdaq: XMSR - News) today reported financial and operating results for the second quarter ended June 30, 2005. For the quarter, XM reported revenue of $125 million, an increase of 136 percent over the $53 million reported in the second quarter 2004. The significant revenue growth was driven by […]

Saturday, July 30th, 2005

XM buys into WorldSpace radio

XM Satellite Radio is investing $25 million for an undisclosed number of shares in WorldSpace, which offers similar services in other markets including Europe and Asia, XM said Tuesday.
Under the agreement, XM and WorldSpace will work together to develop new offerings, technology, and distribution and supplier networks. XM can also acquire additional WorldSpace stocks […]

Wednesday, July 20th, 2005

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