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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title>Sorry, Wrong Number - XM's Phone Foible</title><link>http://www.droxy.com/2006/06/30/sorry-wrong-number-xms-phone-foible/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/30/sorry-wrong-number-xms-phone-foible/</guid><comments>http://www.droxy.com/2006/06/30/sorry-wrong-number-xms-phone-foible/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p>Ever get a wrong number call? Of course, everyone with a phone has experienced the inconvenience of a wrong number, whether on the dialing or recieving end. What about 1200 of them, in one day... <br /><br />XM made a tiny mistake in when printing <span id="default">78,000 direct mail postcards for direct mail requesting customers to update their billing information, by phone. XM did what every girl in a disco has done to me over my entire life, gave out the wrong phone number. The errant digit led callers to a Eureka, California small business who according to the Times Standard fielded 200-300 wrong numbers per hour over the course of a day. <br /><br />And get this, the fun continues with the 3rd class mailing being dribbled into mailboxes over the next 2 weeks. <br />The owners of the Eureka, California company</span><span id="default"> are hoping that some sort of financial settlement can be reached for loss of business and the cost of the 800 calls. <br /><br />[via <a href="http://www.times-standard.com/business/ci_3998324">Times Standard Online</a>]<br /></span><span id="default"><br /></span><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/30/sorry-wrong-number-xms-phone-foible/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/638765/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/30/sorry-wrong-number-xms-phone-foible/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-30T19:50:00+00:00</dc:date></item><item><title>XM Nabs Willie Nelson</title><link>http://www.droxy.com/2006/06/29/xm-nabs-willie-nelson/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/29/xm-nabs-willie-nelson/</guid><comments>http://www.droxy.com/2006/06/29/xm-nabs-willie-nelson/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/music/" rel="tag">Music</a>, <a href="http://www.droxy.com/category/digital-broadcasting/" rel="tag">Digital Broadcasting</a>, <a href="http://www.droxy.com/category/general/" rel="tag">General</a>, <a href="http://www.droxy.com/category/programming/" rel="tag">Programming</a></p><img width="200" vspace="4" hspace="4" height="248" border="0" align="right" alt="" id="vimage_1" src="http://www.droxy.com/media/2006/06/willie_nelson_200.jpg" />Rumors of this were running around recently, but it's now a confirmed deal. Loveable, pot-head bio-diesel salesman Willie Nelson is coming to XM Radio with a whole channel to himself. <br /><br />The new channel will replace
<paragraph_body> "Hank's Place" (channel 13) and will be, quite predictably, called&nbsp; "Willie's Place" effective July 10. <br /><br />Namesake, Willie Nelson, will play cretive director for the new offering. Possibly the coolest part of all this, XM is building new studios for "Willie's Place" at Nelson's BioDiesel Truck Stop in Carl's Corner, Texas. The channel will begin broadcasting live from Carl's Corner in 2007.<br clear="none" /> <br />Willie is a hep cat, and this shoud bring a depth of alterna-county programing to XM that SIRIUS can't currently match. With Country being a popular segment amongst a large portion of the US population, bringing a heavyweight name like Nelson on board can only be good for XM.<br /><br />Read the <a href="http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&amp;STORY=/www/story/06-29-2006/0004389685&amp;EDATE=">press release here</a>.</paragraph_body><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/29/xm-nabs-willie-nelson/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/638359/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/29/xm-nabs-willie-nelson/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-29T14:38:00+00:00</dc:date></item><item><title>Karmazin Wants To Buy XMSR</title><link>http://www.droxy.com/2006/06/27/karmazin-wants-to-buy-xmsr/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/27/karmazin-wants-to-buy-xmsr/</guid><comments>http://www.droxy.com/2006/06/27/karmazin-wants-to-buy-xmsr/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/digital-broadcasting/" rel="tag">Digital Broadcasting</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="253" vspace="4" hspace="4" height="216" border="0" align="right" src="http://www.droxy.com/media/2006/06/rckmsckm1.jpg" alt="" />Go go market unification. Well, not just yet, but it could be coming. Even with regulatory "question marks" looming, Mel Karmazin says he'd buy XM if the price were right. <br /><br />The merger idea has been floated before, and many are certain that a consolidation between the two is inevitable in the long term. Still, when Karmazin talks, people listen and when he talks about a buy out of rival XM, it gets everyone talking. <br /><br />Not the least of which is long time industry cheerleader, <a href="http://www.fool.com/News/mft/2006/mft06062707.htm">The Motley Fool</a>. In the Fool's analysis, "If it does happen, it's likely to happen sooner rather than later. If XM and Sirius hit their mark and start producing positive operating cash flow in a few quarters, a lot of the bearish sentiment that has been marinating the stocks in recent months will evaporate. Prices will start inching higher,&nbsp;creating&nbsp;less of an incentive for XM and Sirius to cash out, and&nbsp;the potential acquirers may not be willing to pay those higher prices."<br /><br />The Motley's have a point. Profitable, these two are going to be giants to contend with in terms of stock price. They will have created a new industry, something that isn't easy to do. To the victor goes the spoils, as they say.<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/27/karmazin-wants-to-buy-xmsr/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/637899/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/27/karmazin-wants-to-buy-xmsr/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-27T18:03:00+00:00</dc:date></item><item><title>Jim Cramer Says XMSR and SIRI Have Peaked, Should Merge</title><link>http://www.droxy.com/2006/06/22/jim-cramer-says-xmsr-and-siri-have-peaked/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/22/jim-cramer-says-xmsr-and-siri-have-peaked/</guid><comments>http://www.droxy.com/2006/06/22/jim-cramer-says-xmsr-and-siri-have-peaked/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="157" vspace="4" hspace="4" height="150" border="0" align="right" src="http://www.droxy.com/media/2006/06/mad4.jpg" id="vimage_1" alt="" />"Crazy" Jim Cramer of CNBC's Mad Money says XM Satellite Radio (XMSR) and SIRIUS Satellite Radio (SIRI) are overvalued, and the satellite Radio industry as a whole has "peaked". <br /><br />Citing market capitialization as too large, and pointing to XM's recent miss in subscriber number targets, Cramer says XMSR and SIRI only represent value now if they merge.<br /><br />Cramer says on the short term, he would be long SIRI and short XMSR.<br /><br />I'll agree on long SIRI and short XMSR but, I don't think mergers are where the butter for this bread lie, at least not yet. SIRI needs to capitalize and expound upon the recent gains it has made against XMSR in the market. SIRIUS has been on a rampage lately, and XM is facing some difficult and bumpy roads ahead in the form of lawsuits and legal battles. <br /><br />If SIRIUS can launch useable and relevant video feeds soon, and well ahead of XM, they will have established a strong foothold in a market that didn't exist 3 years ago. History is written by the victorious, and I think SIRIUS will be writing the book on how Satellite Radio killed FM.<br /><br />[via <a href="http://www.streetinsider.com/news.php?id=975374&amp;st=p">Street Insider</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/22/jim-cramer-says-xmsr-and-siri-have-peaked/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/635953/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/22/jim-cramer-says-xmsr-and-siri-have-peaked/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-22T15:28:00+00:00</dc:date></item><item><title>Samsung neXus Reviewed</title><link>http://www.droxy.com/2006/06/21/samsung-nexus-reviewed/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/21/samsung-nexus-reviewed/</guid><comments>http://www.droxy.com/2006/06/21/samsung-nexus-reviewed/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/radio-tech/" rel="tag">Radio Tech</a></p><img width="250" vspace="4" hspace="4" height="272" border="0" align="right" src="http://www.engadget.com/media/2006/06/nexusrev.jpg" alt="" />Our big sister <a href="http://engadget.com">Engadget</a> (otherwise known as "the pretty one") passed us the lowdown on the Samsung neXus. <br /><br />"We've always been a bit skeptical of portable DAPs like the <a href="http://www.engadget.com/search/?q=s50">Sirius S50</a> and <a href="http://www.engadget.com/search/?q=nexus">Samsung neXus</a> that promise to let you listen to sat radio content on-the-go, because since neither device includes a built-in satellite receiver, you're stuck with the programming you've recorded while the player was docked at home." <br /><br />We'll conceede that our sis' has a point, you can't listen to live programing on the go with the neXus. However, if you work in an office building where you can't get a shot at the sky, there is a real point behind the neXus. Dock it at night, grab a few fresh hours of your favorite channel and then listen to it when your access to blue sky is limited. <br /><br />Engadget says that you're better off shelling out a few more bucks for the <a href="http://www.engadget.com/search/?q=inno">Pioneer Inno</a> or <a href="http://www.engadget.com/search/?q=helix">Samsung Helix</a>, which both allow you to pick up and record live feeds right out of the box, no dock necessary. I agree, but I still wouldn't pass up a neXus at a reasonable price point. <br /><br />[via <a href="http://storage.engadget.com/2006/06/20/samsungs-nexus-xm-dap-reviewed/">Engadget</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/21/samsung-nexus-reviewed/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/635546/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/21/samsung-nexus-reviewed/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-21T12:50:00+00:00</dc:date></item><item><title>XM Applies For New Patent</title><link>http://www.droxy.com/2006/06/20/xm-applies-for-new-patent/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/20/xm-applies-for-new-patent/</guid><comments>http://www.droxy.com/2006/06/20/xm-applies-for-new-patent/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/radio-tech/" rel="tag">Radio Tech</a>, <a href="http://www.droxy.com/category/general/" rel="tag">General</a>, <a href="http://www.droxy.com/category/hd-radio/" rel="tag">HD Radio</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" vspace="4" hspace="4" height="108" border="0" align="right" alt="" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" />This is patent non-sense, as it's one of those ideas that isn't actually so much an idea as it is the natural progression of things. However,&nbsp; XM Satellite Radio has applied for a patent to incorporate HD radio transmitters into satellite radio recivers. Instead of the current FM modulators available in most radio models, XM seeks to add HD capability allowing a portable radio what is essentially a wireless digital input to a car audio system. <br /><br />In the patent application, the company notes that its "high quality digital signal broadcast by XM Satellite Radio is ideally received by a digital satellite receiver for best audio reproduction, but in many instances an analog frequency modulation technique is utilized to reproduce the digital signal to take advantage of existing FM receiver car audio hardware.". As satellite radio owners know, "high quality digital signal" is a little bit of a misnomer, it's not exactly CD quality. An HD Radio modulator might help slightly, but you're still reproducing a compressed digital signal that is full of artifacts and noise. <br /><br />Of course, <a href="http://thesurrealist.co.uk/priorart.cgi">you can patent just about anything these days</a>. The entire patent application can be read <a href="http://www.fmqb.com/goout.asp?u=http://www.orbitcast.com/archives/pat20060126716_digitalfmmod.pdf"><font size="2">here [FMQB.com] as a&nbsp;PDF.<br /><br />[via </font></a><font size="2"><a href="http://www.fmqb.com/Article.asp?id=233540">FMQB</a>]</font><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/20/xm-applies-for-new-patent/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/635258/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/20/xm-applies-for-new-patent/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-20T17:43:00+00:00</dc:date></item><item><title>XM and SIRIUS Fight It Out Via Stern and Opie + Anthony</title><link>http://www.droxy.com/2006/06/17/xm-and-sirius-fight-it-out-via-stern-and-opie-anthony/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/17/xm-and-sirius-fight-it-out-via-stern-and-opie-anthony/</guid><comments>http://www.droxy.com/2006/06/17/xm-and-sirius-fight-it-out-via-stern-and-opie-anthony/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/talk-entertainment/" rel="tag">Talk/Entertainment</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="253" vspace="4" hspace="4" height="216" border="0" align="right" alt="" id="vimage_1" src="http://www.droxy.com/media/2006/06/rckmsckm1.jpg" />This whole Stern vs. O+A thing is getting out of hand, but I guess it sells radios. A Howard Stern fan approached Opie &amp; Anthony during the XM "Walk Over" on Friday's show. The Stern fan first came up to the microphone and said, "This is Opie and Anthony's whole audience here? I just wanna say, uhm, Howard Stern has a huge [base, vulgar term for male genitalia] and I love him."<br /><br />More inane quips one would expect from a diehard Stern (or OA) fan followed, until the Stern fan then threw Ben Sparks against a wall and was subdued by "Club Soda Kenny" and "Master Po" who pinned the Stern fan down and made him apologize on air. The Stern fan was held for the NYPD, who arrived an unspecified amount of time later.
<p>Stern and OA are becoming the Rock-em-sock-em robots of XM and SIRIUS, allowing the companies to spar against each other in the press without actually, uh, sparring against each other in the press.<br /></p>
<p>Orbitcast has <a title="AUDIO: Stern Fan Attacks O&amp;A Producer" href="http://www.orbitcast.com/archives/Stern_fan_Attacks_OnA.mp3">audio</a> of the whole thing. Not safe for work.<br /></p>
[via <a href="http://www.orbitcast.com/archives/stern-fan-attacks-oa-producer-during-walk-over.html">Orbitcast</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/17/xm-and-sirius-fight-it-out-via-stern-and-opie-anthony/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/634261/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/17/xm-and-sirius-fight-it-out-via-stern-and-opie-anthony/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-17T07:14:00+00:00</dc:date></item><item><title>XM and SIRIUS FCC Modifications May Not Be So SIRIUS</title><link>http://www.droxy.com/2006/06/14/xm-and-sirius-fcc-modifications-may-not-be-so-sirius/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/14/xm-and-sirius-fcc-modifications-may-not-be-so-sirius/</guid><comments>http://www.droxy.com/2006/06/14/xm-and-sirius-fcc-modifications-may-not-be-so-sirius/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/radio-tech/" rel="tag">Radio Tech</a>, <a href="http://www.droxy.com/category/regulatory/" rel="tag">Regulatory</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p>The modifications required to get XM radios back in compliance with the FCC may be <a href="http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/">much smaller that we thought</a>. When Forbes published an article that read "The FCC issue could be more pervasive than previously believed", we previously believed them. Pitty us, as the answer may be much closer to the mundane.<br /><br /><img width="400" height="272" border="0" src="http://www.orbitcast.com/archives/ferrite5.jpg" alt="" /><br /><br />According to <a href="http://www.orbitcast.com">Orbitcast</a>, the part needed isn't internal, it's simply a <a href="http://www.orbitcast.com/archives/xm-modifications-for-fcc-compliance.html">25-cent ferrite bead</a>. That's right, one of those funny little bumps on the cord may be the cause of all this ruckus. The little loop is used to dampen magnetic radiation emmitted from cables carrying electric current. <br /><br />This is good news for everyone involved if its true. I'm still not certain this is the issue in question. <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/1-0&amp;fp=4490d9417142c83b&amp;ei=7YyQRIo7hqSlAomk5I8G&amp;url=http%3A//www.informationweek.com/industries/showArticle.jhtml%3FarticleID%3D188700541%26articleID%3D188700541%26sa_type%3D%26section%3Dindustries%26subSection%3DNews%2bBy%2bVertical%2bIndustry&amp;cid=0">Other</a> <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/2-0&amp;fp=4490d9417142c83b&amp;ei=7YyQRIo7hqSlAomk5I8G&amp;url=http%3A//www.twice.com/article/CA6340911.html&amp;cid=0">stories</a> have pointed to the FM modulator being the problem that drew the ire of the FCC. If that's the case, I'm hard pressed to see how this fixes the issue. <br /><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/14/xm-and-sirius-fcc-modifications-may-not-be-so-sirius/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/633350/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/14/xm-and-sirius-fcc-modifications-may-not-be-so-sirius/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>FCC</category><category>SIRI</category><category>XMSR</category><category>XMSR SIRI</category><category>XmsrSiri</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-14T18:12:00+00:00</dc:date></item><item><title>XM Seen Benefiting From Lower Delphi Strike Risk</title><link>http://www.droxy.com/2006/06/12/xm-seen-benefiting-from-lower-delphi-strike-risk/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/12/xm-seen-benefiting-from-lower-delphi-strike-risk/</guid><comments>http://www.droxy.com/2006/06/12/xm-seen-benefiting-from-lower-delphi-strike-risk/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/general/" rel="tag">General</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" vspace="4" hspace="4" height="300" border="0" align="right" src="http://www.droxy.com/media/2006/06/delphi-xm-skyfi2.jpg" id="vimage_2" alt="" />Friday, GM, Delphi, and the United Auto Workers announced new agreements that expand attrition efforts at Delphi and&nbsp; push back court litigation until Aug. 11. This demonstrates a minimized risk of an employee strike at Delphi, which has negatively affected XM's stock price over recent months, according to UBS Investment Research analyst Lucas Binder.
<p>"While we believe there would be minimal impact to XM's radio production from a strike, the detriment to GM's production and sales of XM radios in GM cars would be negatively impacted," said Binder.</p>
Given the other external pressures faced by XM, it's nice to see some good news for a change. Even so, <a href="http://finance.aol.com/usw/quotes/quotesandnews?sym=XMSR&amp;exch=USA">XMSR</a> slipped another 21 cents to 13.39 before today's close.<br /><br />[Source: <a href="http://www.forbes.com/markets/economy/2006/06/12/xm-satellite-radio-0612markets06.html">Forbes</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/12/xm-seen-benefiting-from-lower-delphi-strike-risk/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/632441/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/12/xm-seen-benefiting-from-lower-delphi-strike-risk/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>Delphi</category><category>General Motors</category><category>GeneralMotors</category><category>XM Satellite Radio</category><category>XmSatelliteRadio</category><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-12T16:19:00+00:00</dc:date></item><item><title>Singular Research Lowers Price Target on XMSR From $14 to $10</title><link>http://www.droxy.com/2006/06/12/singular-research-lowers-price-target-on-xmsr-from-14-to-10/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/12/singular-research-lowers-price-target-on-xmsr-from-14-to-10/</guid><comments>http://www.droxy.com/2006/06/12/singular-research-lowers-price-target-on-xmsr-from-14-to-10/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" height="108" border="0" align="right" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" alt="" />Sell! Sell! Sell! That's what Singular Research says of <a href="http://finance.aol.com/usw/quotes/quotesandnews?sym=XMSR&amp;exch=USA">XMSR</a>. <a href="http://www.singularresearch.com/">Singular Research</a> provides research to institutional money managers and hedge funds, has recently updated its coverage of <a href="http://finance.aol.com/usw/quotes/quotesandnews?sym=XMSR&amp;exch=USA">XMSR</a>. <br /><br />Sighting the revised subscriber projections XM recently released, and pointing to the host of ongoing litigation, Singular says very matter of factly, "As events unfold, we are becoming increasingly confident that current industry expectations are overly optimistic.  We are now forecasting 15.7 million subscribers by 2010 versus the company's current estimate of 20 million subscribers."<br /><br />Singular is just one such research firm that follows <a href="http://finance.aol.com/usw/quotes/quotesandnews?sym=XMSR&amp;exch=USA">XMSR</a> for institutional investors, hedge funds and other financial management firms and by no means should be taken as a pure authoritative source on the matter. Still, the tide has turned on XM in a surprisingly short amount of time. Once the darling of the satellite radio industry, XM is at the very least losing their grip on the lead as momentum has shifted in recent months to SIRIUS.<br /><br />I'm still philosophically bullish over XM's prospects in the long run but, at this point I'd be hard pressed to put my money where my mouth is.<br /><br />[via <a href="http://www.marketwire.com/mw/release_html_b1?release_id=133976">MarketWire</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/12/singular-research-lowers-price-target-on-xmsr-from-14-to-10/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/632095/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/12/singular-research-lowers-price-target-on-xmsr-from-14-to-10/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-12T09:28:00+00:00</dc:date></item><item><title>SIRIUS Beating XM In Canadian Subscriber Count</title><link>http://www.droxy.com/2006/06/07/sirius-beating-xm-in-canadian-subscriber-count/</link><guid isPermaLink="true">http://www.droxy.com/2006/06/07/sirius-beating-xm-in-canadian-subscriber-count/</guid><comments>http://www.droxy.com/2006/06/07/sirius-beating-xm-in-canadian-subscriber-count/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" height="108" border="0" align="right" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" alt="" />More signs that the XM SIRIUS battle is turning more SIRIUS than XM. Unaudited subscriber numbers published by XM this week have XM subscriptions in Canada (a relatively new market for both XM and SIRIUS) at 80,000. <br /><br />XM Previously estimated 75,000 Canadian subscribers by August of this year, so on the surface this looks like a good thing for the recent litigation pincushion. However, SIRIUS, often the also-ran when it comes to total numbers of subscribers, and even available channels, claims 100,000 Canadian subscribers in a May announcement. <br /><br />It's way to early to declare the tide turning in the battle between XM and SIRI but, continued signs like this continue to demonstrate that the race for king of satellite radio is far from over. <br /><br />[via <a href="http://www.digitalhomecanada.com/content/view/1284/51/">Digital Home Canada</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/06/07/sirius-beating-xm-in-canadian-subscriber-count/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/630808/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/06/07/sirius-beating-xm-in-canadian-subscriber-count/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Grant Robertson</dc:creator><dc:date>2006-06-07T13:55:00+00:00</dc:date></item><item><title>Sirius, XM Could Halt Radio Production</title><link>http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/</guid><comments>http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/radio-tech/" rel="tag">Radio Tech</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" vspace="4" hspace="4" height="108" border="0" align="right" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" alt="" />It's looking like the FCC issues that caused Audiovox to pull certain models of XM radios off of the market, and caused XM to voluntarily suspend sales of certain models of radios containing FM transmitters may be more widespread than previously thought. <br /><br />According to Forbes, "The FCC issue could be more pervasive than previously believed," wrote analyst Jonathan Jacoby in a research note Tuesday. "We believe that XM and Sirius could temporarily suspend retail shipments of certain radios, but the fix would be relatively quick and inexpensive and likely would not lead to stock-outs at retail."<br /><br />In all honesty, neither company needs this. Both XM and SIRIUS are relying on phenomenal growth numbers to help keep their stock values up while they continue to lose money while developing infrastructure and programming. Anything that slows subscriber growth could be bad news. 30 - 60 days of poor availability of radios in the retail market is a definite way to slow subscriber growth.<br /><br />[via <a href="http://www.forbes.com/markets/2006/05/30/sirius-xm-0530markets06.html">Forbes</a>]<br /><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/623185/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/30/sirius-xm-could-halt-radio-production/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>FCC</category><category>SIRIUS</category><category>XM</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-30T13:04:00+00:00</dc:date></item><item><title>Samsung Nexus Reviewed</title><link>http://www.droxy.com/2006/05/29/samsung-nexus-reviewed/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/29/samsung-nexus-reviewed/</guid><comments>http://www.droxy.com/2006/05/29/samsung-nexus-reviewed/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/radio-tech/" rel="tag">Radio Tech</a></p><img width="150" vspace="4" hspace="4" height="185" border="0" align="right" alt="" src="http://www.droxy.com/media/2006/05/samsung_nexus.jpg" />The diminutive Samsung Nexus is a relative newcomer to the portable satellite radio market. Receivers are getting smaller and smaller, and attempting to offer more and more features.<br /><br />The Nexus, unlike a few recent XM devices, doesn't offer the ability to listen to live satellite broadcasts while on the go. It does offer the ability to bring pre-recorded content with you on the go. <br /><br />Ryan Saghir of Orbitcast has <a href="http://www.orbitcast.com/archives/samsung-nexus-orbitcast-review.html">a review of the Nexus</a> today. It's a sharp looking little device, and Orbitcast has <a href="http://www.orbitcast.com/archives/samsung-nexus-orbitcast-review.html#more">loads of pictures</a>.<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/29/samsung-nexus-reviewed/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/622776/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/29/samsung-nexus-reviewed/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>review</category><category>Samsung NExus</category><category>SamsungNexus</category><category>XM</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-29T10:31:00+00:00</dc:date></item><item><title>SIRIUS Shares Up, Oulook Getting Brighter</title><link>http://www.droxy.com/2006/05/25/sirius-shares-up-oulook-getting-brighter/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/25/sirius-shares-up-oulook-getting-brighter/</guid><comments>http://www.droxy.com/2006/05/25/sirius-shares-up-oulook-getting-brighter/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/sirius/" rel="tag">SIRIUS</a>, <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" height="77" border="0" align="right" alt="" src="http://www.droxy.com/media/2006/05/Sirius-Logo.jpg" />It was only a few months ago that the XM vs SIRIUS battle was looking like a lot of XM and a little bit of SIRIUS. Not so fast says Wall St., as SIRIUS shares rise on news while XM recently sank to a new 52 week low. <br /><br />Granted, neither company is over-performing at current but, Robert Peck and analyst for Bear Sterns recently downgraded XM to "underperform" from "outperform" and wrote in a research report, "We think the market has lost faith, and unfortunately what used to be XM's premium over Sirius (confidence in its management) has eroded," <br /><br />Coupled with SIRIUS's Howard Stern reaching a settlement in his legal battle with CBS, and XM's long list of stock related class action lawsuits and that doosey of a whopper of a lawsuit from the RIAA, XM is looking less and less like the sure bet. <br /><br />[via <a href="http://biz.yahoo.com/ap/060525/sirius_mover.html?.v=1">Yahoo Finance</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/25/sirius-shares-up-oulook-getting-brighter/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/621893/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/25/sirius-shares-up-oulook-getting-brighter/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>SIRIUS</category><category>XM</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-25T14:41:00+00:00</dc:date></item><item><title>XM Cuts Subscriber Projections</title><link>http://www.droxy.com/2006/05/24/xm-cuts-subscriber-projections/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/24/xm-cuts-subscriber-projections/</guid><comments>http://www.droxy.com/2006/05/24/xm-cuts-subscriber-projections/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" height="108" border="0" align="right" alt="" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" />While we are not rushing to subscribe to XM Satellite Radio quite as fast as XM would like, causing revised subscriber projections, we are still moving radios off of store shelves at a pretty incredible pace. <br /><br />&nbsp;XM today reported financial guidance for 2006, projecting that it will end 2006 with 8.5 million subscribers, resulting in subscriber revenues $835 million and EBITDA loss of $235 million. XM reaffirmed that it remains on track to have positive cash flow from operations for the fourth quarter of 2006 and on an annual basis for 2007. The revised guidance of 8.5 million subscribers represents growth of more than 40 percent over the course of the year.<br /><br />"Subscriber growth for the first quarter of 2006 was consistent with our initial guidance of nine million subscribers by the end of 2006," said Hugh Panero, President and CEO of XM Satellite Radio. "Although XM has regained retail market share since the first of the year, the satellite radio category has seen an overall softness at retail during the second quarter to date, and we have been later than anticipated with broad availability of our new products."<br /><br />XM has been and continues to be the leader among the satellite radio set in terms of both total subscribers and total channels broadcast. So, what's a half million&nbsp; listeners? Between friends, not much. For the shareholders though, this may be a significant warning. XM is facing strong pressure from lawsuits and competitor SIRIUS. <br /><br />XM shares fell $1.76 to a 52 week low on the news.<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/24/xm-cuts-subscriber-projections/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/621611/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/24/xm-cuts-subscriber-projections/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>financials</category><category>satellite radio</category><category>SatelliteRadio</category><category>SIRIUS</category><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-24T16:34:00+00:00</dc:date></item><item><title>Failed XM Deal Could Be Good News</title><link>http://www.droxy.com/2006/05/23/failed-xm-deal-could-be-good-news/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/23/failed-xm-deal-could-be-good-news/</guid><comments>http://www.droxy.com/2006/05/23/failed-xm-deal-could-be-good-news/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><img width="200" vspace="4" hspace="4" height="108" border="0" align="right" src="http://www.droxy.com/media/2006/05/XM_logo.jpg" alt="" />Yesterday we learned that <a href="http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/">XM's deal with WCS Wireless fell through</a>, leaving XM with less bandwidth than projected which in turn could mean delays in XM's previously announced plans to expand into mobile video and data services. <br /><br />Don't cry just yet. In fact, if you're holding XM stock, you may just want to breathe a sigh of relief. According to <a href="http://www.forbes.com/markets/2006/05/23/xm-satellite-radio-0523markets09.html">an article from Forbes</a>, the failure to get regulatory ducks in a row over the WCS merger should be welcome news for Wall St. <br />
<p>"The increasingly bearish sentiment towards XM today -- and towards satellite radio in general -- has led to growing skepticism about the opportunities the WCS spectrum might have enabled...and growing concern about the capex (Capital Expenditure) it might have entailed," Craig E. Moffett, an analyst at Sanford C. Berinstein &amp; Co wrote in research note Tuesday.</p>
<p>"Today's announcement removes these risks from the stock."</p>
On the other hand, XM is still facing a host of lawsuits. The <a href="http://digitalmusic.weblogsinc.com/2006/05/19/xm-says-prepare-to-fight/">RIAA</a>, as well as a <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/3-0&amp;fp=44732aec6bd4d8b3&amp;ei=H1JzRNytJcb0aLSNpa0L&amp;url=http%3A//www.chron.com/disp/story.mpl/conws/3855001.html&amp;cid=0">growing</a> <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/5-0&amp;fp=44732aec6bd4d8b3&amp;ei=H1JzRNytJcb0aLSNpa0L&amp;url=http%3A//biz.yahoo.com/prnews/060509/phtu033.html%3F.v%3D53&amp;cid=0">list</a> of law firms involved in <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/2-0&amp;fp=4473a8df61792957&amp;ei=bVJzRObAIq7cafXB_fkL&amp;url=http%3A//www.marketwire.com/mw/release_html_b1%3Frelease_id%3D127288&amp;cid=0">class</a> <a href="http://news.google.ca/news/url?sa=t&amp;ct=ca/3-0&amp;fp=4473a8df61792957&amp;ei=bVJzRObAIq7cafXB_fkL&amp;url=http%3A//www.marketwire.com/mw/release_html_b1%3Frelease_id%3D126947&amp;cid=0">action</a> suits, could put a damper on XM's bottom line for quite some time to come. <br /><br />[via <a href="http://www.forbes.com/markets/2006/05/23/xm-satellite-radio-0523markets09.html">Forbes</a>]<br /><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/23/failed-xm-deal-could-be-good-news/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/621093/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/23/failed-xm-deal-could-be-good-news/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>lawsuits</category><category>XM Satellite Radio</category><category>XmSatelliteRadio</category><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-23T14:07:00+00:00</dc:date></item><item><title>X-Men Invade XM</title><link>http://www.droxy.com/2006/05/23/x-men-invade-xm/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/23/x-men-invade-xm/</guid><comments>http://www.droxy.com/2006/05/23/x-men-invade-xm/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/programming/" rel="tag">Programming</a></p><img width="150" height="150" border="0" align="right" src="http://www.cinematical.com/media/2006/05/x3.jpg" alt="" />Our friends at <a href="http://www.cinematical.com/">Cinematical</a> let us know that your XM radio is about to be taken over by the X-Men. In conjunction with the release a third title to the X-Men series, XM (Oh yah, XM, X-Men... We get it) will feature an X-Men "takeover" on May 25 involving a full eight channels and almost a dozen cast members from <a href="http://www.imdb.com/title/tt0376994/"><em>The Last Stand</em></a>. Some of them, like <a href="http://www.imdb.com/name/nm0000932/">Halle Berry</a> and <a href="http://www.imdb.com/name/nm0001288/">Kelsey Grammer</a>, will be taking on solo roles as radio hosts for the day, discussing whatever they want to about the film while spinning their favorite genre hits for whichever station they've claimed.<br /><br />Expect to find X-Men cast members most anywhere you tune in on Thursday. A <a href="http://www.xmradio.com/xmen/">full schedule</a> of the event is <a href="http://www.xmradio.com/xmen/">here</a>.<br /><br />[via <a href="http://www.cinematical.com/2006/05/22/x-men-take-over-xm/">Cinematical</a>]<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/23/x-men-invade-xm/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/621005/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/23/x-men-invade-xm/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>X Men</category><category>XM</category><category>XMen</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-23T11:49:00+00:00</dc:date></item><item><title>XM Loses Earlier Announced Deal With WCS Wireless</title><link>http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/</guid><comments>http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/regulatory/" rel="tag">Regulatory</a>, <a href="http://www.droxy.com/category/satellite-radio-industry/" rel="tag">Satellite Radio Industry</a></p><p><img width="200" height="108" border="0" align="right" src="http://digitalmusic.weblogsinc.com/media/2006/05/XM_logo.jpg" alt="" />XM Satellite Radio has announced the termination of a prior agreement to acquire WCS Wireless, a private  entity. XM had been seeking additional wireless spectrum WCS Wireless held in  certain geographic areas throughout the United States. The deal, previously announced on July 13th, 2005, would have seen XM acquire WCS wireless for 5.5 million shares of XM Common Stock. <br /></p>
<p>At the time of the acquisition agreement between XM and WCS Wireless the parties had expected to close their transaction by this time,  with the timing dependent on receipt of necessary government approvals.</p>
<p>Neither XM or WCS has been able to obtain approval for the new use of the spectrum held by WCS. Accordingly, XM and WCS Wireless have agreed to terminate the acquisition  agreement in order to free WCS Wireless to pursue other alternatives for its  spectrum licenses.</p>
<p>XM had at one point hoped to use the additional bandwidth to provide "a variety of multimedia subscription services, including innovative video and data offerings" in areas covering 160 million people throughout the United States and including 15 of 20 top metro markets.</p>
<p>In commenting on the termination, Gary Parsons, Chairman of XM, stated, "With  the inability to obtain the necessary government approval for this transaction  in a timely manner, WCS Wireless needed to pursue alternatives for its spectrum  with greater certainty of regulatory approval."</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/620748/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/22/xm-loses-earlier-announced-deal-with-wcs-wireless/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>FCC</category><category>WCS Wireless</category><category>WcsWireless</category><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-22T16:50:00+00:00</dc:date></item><item><title>Honda Installs One Millionth XM Radio</title><link>http://www.droxy.com/2006/05/11/honda-installs-one-millionth-xm-radio/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/11/honda-installs-one-millionth-xm-radio/</guid><comments>http://www.droxy.com/2006/05/11/honda-installs-one-millionth-xm-radio/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a></p><img width="200" height="NaN" align="right" src="http://automobiles.honda.com/images/2005/odyssey/customize/ODYSS05024_mid.jpg" alt="" />That's a lot of pre-installs. XM announced it's 1 millionth pre-installed radio in a Honda produced auto. According to XM, American Honda is rapidly increasing the availability and volume of Honda and Acura vehicles with XM Satellite Radio. American Honda will equip more than 550,000 of its 2006 model year vehicles with XM. Honda introduced its first factory-installed XM vehicles in 2003.<br /><br />"American Honda is pleased to join with our strategic partner XM Satellite Radio in celebrating the sale of our one millionth vehicle with factory-installed XM," said John Mendel, senior vice president of automobile operations, American Honda Motor Co., Inc. "XM provides our customers with an enormous variety of entertainment and information as they travel from coast to coast."<br /><br />Having suffered the loss of Volkswagen and Audi to exclusive Sirius deals, this is somewhat brighter automotive news for XM.<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.droxy.com/2006/05/11/honda-installs-one-millionth-xm-radio/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/617488/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/11/honda-installs-one-millionth-xm-radio/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><category>digital radio</category><category>DigitalRadio</category><category>XMSR</category><dc:creator>Grant Robertson</dc:creator><dc:date>2006-05-11T17:35:00+00:00</dc:date></item><item><title>Dylan debuts on XM</title><link>http://www.droxy.com/2006/05/01/dylan-debuts-on-XM/</link><guid isPermaLink="true">http://www.droxy.com/2006/05/01/dylan-debuts-on-XM/</guid><comments>http://www.droxy.com/2006/05/01/dylan-debuts-on-XM/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.droxy.com/category/xm/" rel="tag">XM</a>, <a href="http://www.droxy.com/category/music/" rel="tag">Music</a>, <a href="http://www.droxy.com/category/programming/" rel="tag">Programming</a></p><img vspace="4" hspace="4" border="1" align="right" alt=""src="http://www.droxy.com/media/2006/05/Bob_Dylan_213683m.jpg" />Bob Dylan, who has become the very definition of termssuch as "reclusive," "enigmatic" and 'incomprehensible" for many today, is debuting a new showon XM Satellite Radio. The show, which debuts this Wednesday, will highlight Dylan's favorite music, organized eachweek by topic. For instance, since Mother's Day is fast approaching (time to buy a card, guys) his first week willfocus on music with a maternal theme. The New York Times <ahref="http://www.nytimes.com/2006/04/30/arts/music/30play.html?ex=1146542400&amp;en=e30bf58df064f7c8&amp;ei=5087%0A">hasa look</a> at the structure and substance of his first show, including transcripts of some of Dylan's commentary. As thestory states, Dylan continues to be just as inscrutable in discussing music as he often is when creating it. The show isbeing recorded from basically wherever he is, at home or on the road and will feature some pre-recorded cameos fromothers.<h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.nytimes.com/2006/04/30/arts/music/30play.html?ex=1146542400&amp;en=e30bf58df064f7c8&amp;ei=5087%0A>Read</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/01/dylan-debuts-on-XM/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/forward/613690/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.droxy.com/2006/05/01/dylan-debuts-on-XM/#comments" title="View reader comments on this entry">Comments</a><br />]]></description><dc:creator>Chris Thilk</dc:creator><dc:date>2006-05-01T12:19:00+00:00</dc:date></item></channel></rss>