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SIRIUS APPOINTS NEW BOARD MEMBER
Jun 4, 2003
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NEW YORK — June 4, 2003 — SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, today announced that Michael J. McGuiness has been elected to serve on the company’s Board of Directors.
Mr. McGuiness, 39, is a portfolio manag...
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SIRIUS RAISES $175 MILLION AS CONVERTIBLE NOTES OFFERING CLOSES
May 23, 2003
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Offering of 3½% Convertible Notes Due 2008 Completed
Company Now Fully Funded, as Net Proceeds Expected to Finance Operations to Cash-Flow Breakeven
NEW YORK — May 23, 2003 — SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and enterta...
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SIRIUS LAUNCHES CONVERTIBLE NOTE OFFERING
May 20, 2003
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Terms subject to market conditions
NEW YORK — May 20, 2003 — SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, today announced that it is commencing an offering of $125 million of convertible senior notes on...
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SIRIUS PRICES CONVERTIBLE NOTE OFFERING
May 20, 2003
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Offering increased to $175,000,000
Net proceeds expected to fund company to cash flow breakeven
NEW YORK — May 20, 2003 — SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, today announced that it price...
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SIRIUS MORE THAN DOUBLES SUBSCRIBERS IN FIRST QUARTER 2003
May 14, 2003
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SUBSCRIBERS UP 127% OVER LAST YEAR
BRAND AWARENESS DOUBLES SINCE BEGINNING OF YEAR
“PREFERRED PLAN” OF $6.99 FOR ADDITIONAL SUBSCRIPTIONS OFFERED
“LIFETIME OF MUSIC & MORE PLAN” INTRODUCED AT $399.99
FINANCIAL RECAPITALIZATION CLOSED RESULTING IN IMPROVED BALANCE SHEET AND LIQUIDITY
COMPANY RELEASES FIRST QU...
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SIRIUS SATELLITE RADIO TO BE OFFERED ON FORD, LINCOLN AND MERCURY VEHICLES
May 13, 2003
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Beginning in September, SIRIUS will be available on ten 2004 Ford, Lincoln and Mercury vehicles.
Ford Motor Company will expand its lineup offering SIRIUS to include Mazda, Land Rover, Volvo, Jaguar and Aston Martin.
DEARBORN & NEW YORK, May 13, 2003 - Available in September, Ford Motor Company and SIRIUS (NASDAQ: S...
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2003.5 MAZDASPEED PROTEGÉ SOUNDS GOOD TO MUSIC ENTHUSIASTS, FEELS ZOOM-ZOOM TO DRIVING ENTHUSIASTS
May 12, 2003
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NEW YORK – May 12, 2003 – The 2003.5 MAZDASPEED Protegé has been introduced with several new design twists to create a bold new look, but still retains all of the performance attributes that made the 2003 model so popular. From a 2.0-liter four-cylinder engine, the 2003.5 MAZDASPEED Protegé delivers 170-horsepower, along with a sport-tuned suspe...
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SIRIUS LAUNCHES OUTQ
Apr 15, 2003
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NEW YORK, NY — April 15, 2003 — SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, was joined today by Harvey Fierstein, the award-winning playwright, actor, and Gay rights activist, and Joan Garry, executive director of the Gay & ...
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SIRIUS TO ANNOUNCE FIRST QUARTER 2003 FINANCIAL AND OPERATING RESULTS ON MAY 14
Apr 3, 2003
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NEW YORK, April 30 - SIRIUS, (Nasdaq: SIRI) the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, will announce first quarter 2003 financial and operating results on Wednesday, May 14, 2003.
The company will hold a conference call at 10:00 am EST...
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SIRIUS COMMENCES CFO SEARCH
Mar 21, 2003
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New York, NY – March 21, 2003 – SIRIUS, the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, has commenced a search for a Chief Financial Officer to succeed John J. Scelfo, who has been with the company since April 2001. Scelfo will leave SIRIUS on April 7...
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SIRIUS, XM, and SoundExchange Reach Music Licensing Accord
Mar 19, 2003
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XM Satellite Radio (Nasdaq: XMSR), SIRIUS, (Nasdaq: SIRI) and SoundExchange, today announced an agreement on royalty rates and terms for the public performance of copyrighted sound recordings by the satellite digital radio services.
The agreement covers the period through December 31, 2006. Terms of the agreement are confidential.
“...
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SIRIUS CLOSES $1.2 BILLION RECAPITALIZATION AND RAISES $200 MILLION
Mar 7, 2003
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New York, NY - March 7, 2003 - SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, today announced that it has closed its previously announced recapitalization and financing.
At the closing of the recapitalization, the com...
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SIRIUS ANNOUNCES SUCCESSFUL EXCHANGE OFFER
Mar 5, 2003
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$200 Million in New Cash to be Provided
Approximately $636 Million in Debt and $519 Million in Preferred Stock to be Converted to Common Stock
91% of Debt Holders Agree to Participate in Recapitalization
NEW YORK, NY - March 5, 2003 - SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only ser...
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SIRIUS STOCKHOLDERS APPROVE $1.2 BILLION RECAPITALIZATION
Mar 4, 2003
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NEW YORK, NY - March 4, 2003 - SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised coast-to-coast music and entertainment for your car and home, today announced that its stockholders have overwhelmingly approved the company's proposed recapitalization.
At a special meeting of stockho...
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SIRIUS BEGINS SHIPPING SECOND GENERATION CHIPSETS
Feb 28, 2003
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NEW YORK, NY - February 28, 2003 - SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised coast-to-coast music and entertainment for your car and home, today announced that its chipset maker, Agere Systems, has started shipping the satellite radio company's second-generation chipsets to SIRIUS ra...
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IT'S_ON: SIRIUS LAUNCHES NEW BRAND CAMPAIGN
Feb 3, 2003
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NEW YORK, NY - February 3, 2003 - SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised coast-to-coast music and entertainment for your car and home, is launching today its largest and most provocative national brand advertising campaign ever. The new campaign is embracing music fans and challen...
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SIRIUS LAUNCHES EXCHANGE OFFER FOR OUTSTANDING DEBT
Jan 30, 2003
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NEW YORK, NY-- January 30, 2003-- SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised coast-to-coast music and entertainment for your car and home, announced today that it will launch an offer on Friday, January 31, 2003, to exchange shares of its common stock for all of its outstanding debt. ...
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FCC APPROVES SIRIUS' APPLICATION RELATING TO RECAPITALIZATION
Jan 15, 2003
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NEW YORK, NY-- January 15, 2003-- SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised coast-to-coast music and entertainment for your car and home, today announced that the Federal Communications Commission (FCC) has approved the company's application to transfer control of its operating licen...
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