RUMOR MILL
Friday, February 26, 2010
Sirius profitable!
YOU CANNOT BE SIRIUS: For the first time since the merger, Sirius XM posted a quarterly profit, as Q4 revenue rose 6%, to $684 million, from $644 million. And to think that a year ago, the company was close to bankruptcy before being saved by a loan from Liberty Media. During that time, shares have jumped from a nickel to over a buck. Said Mel Karmazin in a conference call: “With auto sales showing signs of recovery, we are well positioned to hopefully grow our promotional base in 2010 and beyond.” Sirius added 257k subscribers during the fourth quarter, bringing the total to18.8 million, and said it expected to add 500k new subscribers this year. (2/26a)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
