SATELLITE IN ORBIT: Interim Sirius XM CEO James Meyer has been appointed to the post on a permanent basis by Chairman Greg Maffei. Meyer previously served as the satco’s President of Sales & Operations from May 2004 until his appointment as interim CEO last December. At the same time, the company announced its Q1 results, including revenue of $897 million, up 12% from last year’s total of $805 million Net income of $124 million was also up over last year’s $108 million. Adjusted EBITDA reached a record $262 million, up 26% from $208 million in the first quarter of 2012. The company repurchased 209 million shares, returning nearly $1 billion to stockholders via stock buybacks and a special dividend, according to Meyer. Now, if they’d only settle with Howard Stern, everything would be Bababooey. (4/30a)
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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