SiriusXM Launches Series with Renowned Dermatologist Fredric S. Brandt, MD, PA

Sirius XM Radio today announced that internationally renowned cosmetic dermatologist Fredric S. Brandt, MD, PA will host Ask Dr. Brandt, a six-week series of live, call-in shows on which he will offer listeners his highly sought-after expertise on skin care and beauty.

Beginning September 10, Ask Dr. Brandt will air Saturdays from 1:00 — 2:00 pm ET through October 15 on SiriusXM Stars, channel 107.  Dr. Brandt will take calls from around the country on every show, helping listeners look and feel their best. Topics will include summer skin damage, the truth about Botox, fillers, injectables, laser treatments, home vs. office procedures and more.

For over twenty years Dr. Brandt has helped bold-faced names in the worlds of entertainment, business, fashion and society maintain their youthful visages using a variety of non-invasive procedures, many of which he pioneered. He maintains private practices in Coral Gables and Manhattan, and is the author of 10 Minutes: 10 Years and Age-Less: The Definitive Guide to Botox, Lasers, Peels and Other Solutions for Flawless Skin.

Dr. Brandt is a Board Certified Member of the American Board of Internal Medicine and the American Board of Dermatology and holds membership in numerous prestigious organizations including the International Society for Dermatologic Surgery, International Society of Cosmetic Laser Surgeons, American Medical Association,American Society for Dermatologic Surgery, Dermatology Foundation Leaders Society and the Florida Medical Association. He regularly appears on “Live with Regis & Kelly,” “Today,” “The View” and in national magazines and newspapers.

Visit www.siriusxm.com for more information.

Nirvana Band Members Celebrate the 20th Anniversary of Nevermind Live at the SiriusXM Studios

Sirius XM Radio announced today that it will pay tribute to Nirvana, the band often identified as the most important rock group of the 1990s, as band members Krist Novoselic and Dave Grohl, as well as Butch Vig, who produced the groundbreaking album Nevermind, sit down for a rare Q&A session, hosted by Jon Stewart, with a select group of SiriusXM listeners at the SiriusXM studios in New York City.

“SiriusXM’s Town Hall with Nirvana,” the two-hour broadcast event, will air live on Lithium, channel 34, on Saturday, September 24 at 8:00 pm ET, the 20th anniversary of the release of Nevermind. The live special is part of SiriusXM’s “Town Hall” series, an intimate gathering with an iconic musician and a studio audience of SiriusXM listeners.

Hosted by Jon Stewart, the “SiriusXM Town Hall with Nirvana” will feature Novoselic, who founded Nirvana with Kurt Cobain; Grohl, whose first full length recording with the band was the classic Nevermind; and producer Vig answering questions from the live studio audience as well as questions from listeners calling in from around the country.

“This is our way to honor the artists who, with the release of Nevermind, influenced a generation and marked a change in the course of music history no generation will ever forget,” said Scott Greenstein, President and Chief Content Officer, SiriusXM. “Our ‘Town Hall’ series offers our listeners a rare chance to meet some of the most important and influential artists of our time.”

“SiriusXM’s Town Hall with Nirvana” is part of Nevermind Radio, an all-Nirvana limited-run channel on SiriusXM. Nevermind Radio will launch on Friday, September 23 at3:00 pm ET on channel 34 and will feature the music of Nirvana’s entire career, including their three classic albums, B-sides, rarities and live performances. The channel will also feature celebrities in various fields sharing their thoughts on Nirvana and their influence. Nevermind Radio will air through Wednesday, September 28 at 12:00 am ET.

Nevermind’s 20th anniversary will be marked by Universal Music Enterprises’ September 27 full spectrum re-release. With configurations ranging from a 4-CD/1-DVD Super Deluxe Edition to a 4-LP, 180-gram heavyweight vinyl edition to a standard digital/CD remaster of the original album, the 20th anniversary reissue of Nevermind unearths dozens of previously unreleased recordings, obscure B-sides, alternate mixes, radio sessions, studio rarities and live recordings, including a 1991Halloween concert at Seattle’s Paramount Theatre in its entirety (the only known Nirvana concert shot to film). For more information, please visit www.nirvana.com.

Lithium plays grunge rock and ’90s alternative. Listeners will hear Nirvana, Pearl Jam, Smashing Pumpkins, Stone Temple Pilots, Soundgarden, Alice in Chains, Green Day, Red Hot Chili Peppers, Bush and Offspring.

Sony’s New Car Stereo Lineup Connects Drivers with SiriusXM and Pandora

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Sony is expanding its mobile audio lineup with eight new in-dash CD receivers. The new models range from entry-level units to advanced receivers and digital media players that offer SiriusXM satellite radio and Pandora internet radio connectivity in the car. … Continue reading

SiriusXM Reports Second Quarter 2011 Results

  •  Subscribers Exceed 21 Million, an All-Time High
  •  Record Revenue of $744 Million, Up 6% Over Second Quarter 2010
  •  Record Adjusted EBITDA of $185 Million, Up 20% Over Second Quarter 2010
  •  Company Raises Guidance; 1.6 Million Net Subscriber Additions and Free Cash Flow Approaching $400 Million Expected in 2011

Sirius XM Radio today announced second quarter 2011 results, including revenue of $744 million, up 6% over second quarter 2010 revenue of $700 million, and adjusted EBITDA of $185 million, up 20% from $154 million in the second quarter of 2010.

“Our results in the second quarter were strong, and we are proud of our record levels of subscribers, revenue, and adjusted EBITDA and growth in free cash flow. SiriusXM continues to perform well, and we are pleased to raise our subscriber guidance and, for the second time this year, our free cash flow guidance,” said Mel Karmazin, Chief Executive Officer, SiriusXM.

Highlights from the quarter include:

Subscriber growth continues. Auto sales growth and higher OEM penetration year-over-year drove ending subscribers as of June 30, 2011 to 21,016,175, up 8% from the 19,527,448 subscribers reported as of June 30, 2010. Self-pay net additions in the second quarter of 2011 were 362,663, up 19% from 304,043 in the second quarter of 2010.
Churn stable. Average self-pay monthly churn was 1.9% in the second quarter 2011, compared to 2.0% in the first quarter 2011 and 1.8% in the second quarter of 2010.
SAC improves. Subscriber acquisition cost (SAC) per gross subscriber addition was $54 in the second quarter of 2011, an 8% improvement from the $59 reported in the second quarter of 2010.

“Demand for satellite radio continues to grow, with gross additions reaching the highest level of any quarter since the merger of Sirius and XM. Our all-time high OEM penetration rate is a reflection of the automakers’ satisfaction and their commitment to offer our service to their customers,” said Karmazin. “We intend to drive future growth through innovations to our satellite and internet platforms, with the goal of better delivering our unparalleled content to our valued customers. We’re also excited to launch a variety of additional new music and talk channels later this year.”

Free cash flow in the second quarter of 2011 was $165 million, a 53% improvement from the $108 million reported in the second quarter 2010. These improvements were driven by cash received from the Canada merger, a decline in satellite capital expenditures, and improved adjusted EBITDA. Net income in the second quarters of 2011 and 2010 was $173 million and $15 million, respectively, or $0.03 and $0.00 per diluted share, respectively.

“We ended the second quarter with $528 million of cash and cash equivalents after using approximately $75 million to repurchase debt in the second quarter,” said David Frear, SiriusXM’s Executive Vice President and Chief Financial Officer. “We continue to make steady progress toward reaching our leverage target. Our net debt to adjusted EBITDA declined to 3.7x at the end of the second quarter of 2011 from 5.2x at the end of the second quarter of 2010. The company is examining ways to start efficiently returning capital to shareholders beginning in 2012,” added Frear.

The discussion of adjusted EBITDA excludes the effects of stock-based compensation and certain purchase price accounting adjustments. A reconciliation of non-GAAP items to their nearest GAAP equivalent is contained in the financial supplements included with this release.

2011 GUIDANCE

“With the excellent subscriber performance recorded in the first half of 2011, we are now confident that we will exceed our previously announced 1.4 million net subscriber addition guidance for 2011. Today we are raising our full-year guidance to a projected 1.6 million net subscriber additions,” added Karmazin. “After a strong first half, we now expect free cash flow in 2011 will approach $400 million, up from our prior guidance of approaching $350 million.”

In 2011, the company continues to expect full-year revenue of approximately $3 billion. SiriusXM’s adjusted EBITDA projection remains at approximately $715 million. Full year self-pay churn and conversion rates for 2011 should be broadly similar to those seen in 2010.

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Yahoo! Sports Radio Launches

Yahoo!, the premier digital media company, and Gow Broadcasting, LLC, today announced the launch of Yahoo! Sports Radio. The new, national sports radio network can be heard on over 180 affiliate radio stations across the country, Sirius Satellite Radio, and a number of digital and mobile partnersThis partnership enables Yahoo! Sports — the No. 1 destination for online sports with more than 50 million monthly unique users — to reach its avid fans in the largest local sports markets across the country.

“Yahoo! Sports Radio builds on our leadership as the No. 1 sports site online and creates a national and local outlet for our brand and talent,” said Ken Fuchs, VP Yahoo! Media Network. “As Yahoo! Sports covers the biggest events, stories and athletes on and off the field, our partnership with Gow Broadcasting will provide more access to our users and solutions to our advertising partners that want to connect with them wherever they consume sports.”

“We are delighted to enter this relationship with Yahoo! Sports,” said David Gow, CEO of Gow Broadcasting, LLC. “We have long enjoyedYahoo! Sports’ content. We believe strongly that the resources at Yahoo! Sports combined with our on-air talent create the strongest sports roster in the industry. For our affiliates and our listeners, we can deliver top-shelf reporting, analysis and commentary.”

In this relationship, Yahoo Sports! and Gow Broadcasting will share content, develop new content together and engage audiences and advertisers across multiple platforms. The result is that Yahoo! Sports and Yahoo! Sports Radio are designed to be the first stop for news, information and sports commentary. Key features of the new Yahoo Sports Radio include:

  • Yahoo! Sports Radio’s popular shows, such as the Steve Czaban show and the Tim Brando show, will feature experts from Yahoo! Sports. Dan Wetzel, Mike Silver, Adrian Wojnarowski, Charles Robinson and others will be regular participants on Yahoo! Sports Radio.
  • Yahoo! Sports investigative stories and breaking news will be delivered simultaneously on both platforms.
  • Yahoo! Sports Radio’s audio content will be featured on Yahoo Sports!, including Peter Gammon’s daily feature, and top interviews from Yahoo! Sports Radio’s shows.
  • Yahoo! Sports Radio will also add shows such as Fantasy Freaks with experts Brandon Funston, Brad Evans and Andy Behrens andRivals Radio with host Chris Childers, where fans can listen to college football and basketball programming with Rivals.com experts.

For more information on Yahoo! Sports Radio and a full list of local affiliates including New York (WFAN), Chicago (WSCR), San Francisco(KBWF) and Dallas (KTCK) visit: http://www.yahoosportsradio.com/

 

SiriusXM’s The Phone Show Launches as Weekly Series on Raw Dog Comedy

Sirius XM Radio announced today that it will launch The Phone Show as a weekly series on Raw Dog Comedy, channel 99. The hour-long, uncensored, unscripted and completely uninhibited weekly show will offer callers an opportunity to showcase their entertaining skills live on the radio every week. There is no limit to what callers can talk about on The Phone Show but they will be cut off the second the conversation becomes boring.

The Phone Show originally aired on Raw Dog Comedy as a week-long special that featured “practice rounds,” a live one-hour competition, and tens of thousands of calls.  Now, host Steve Sturniolo is back taking calls, hanging up, and handing out a cash prize every week when The Phone Show returns Thursday, July 28 at 1:00 pm ET.

SiriusXM listeners around the country are invited to call in live each week to take the mic and entertain fellow SiriusXM listeners with a chance to win the weekly cash prize. See Official Rules for complete details at www.siriusxm.com.

Listeners can call 877-456-2888 to participate in The Phone Show.

For more information, visit www.siriusxm.com.

“Bob Dylan’s Theme Time Radio Hour” Channel to Launch on SiriusXM

Sirius XM Radio announced today that it will launch “Bob Dylan’s Theme Time Radio Hour,” the online channel showcasing Bob Dylan’s classic satellite radio shows. The commercial-free music channel will launch on Monday, August 15 on channel 801 on SiriusXM Internet Radio.

Theme Time Radio Hour, hosted by Bob Dylan, offers an eclectic mix of songs, from a wide variety of musical genres, related to that week’s theme with Dylan’s on-air thoughts and commentary interspersed with phone calls, email readings, contributions from special guests and an array of classic radio IDs, jingles and promos from the past.

Additionally, SiriusXM listeners will hear a show from the Theme Time Radio Hour vault on Deep Tracks, channel 27, on Mondays at 8:00 pm; Wednesdays at 11:00 am; Thursdays at 12:00 am and Sundays at 8:00 am (all times Eastern).

“Bob Dylan’s Theme Time Radio Hour” will air online, along with commercial-free music channels “Simon & Garfunkel Radio,” “Neil Diamond Radio,” “Tim McGraw Radio” and “Mandatory Metallica.”

Sirius XM Radio to Announce Second Quarter 2011 Results

Sirius XM Radio today announced that it plans to release second quarter 2011 financial and operating results on Tuesday, August 2, 2011.

SiriusXM will hold a conference call at 8:00 am ET on Tuesday, August 2, 2011 to discuss these results.  Investors and the press can listen to the conference call via the company’s website, www.siriusxm.com, and on its satellite radio service by tuning to Sirius channel 94 or XM channel 141.  The call will also be available on the Sports Nation 2 channel on SiriusXM Internet Radio and through the SiriusXM Internet Radio App for the Apple iPad, iPhone, iPod touch and several BlackBerry and Android-powered smart phones.

SiriusXM to Join the NASDAQ-100 Index

Sirius XM Radio today announced that it will be added to the NASDAQ-100 Index effective July 15, 2011. SiriusXM’s common shares will also be included in the PowerShares QQQ exchange traded fund.

“We are pleased to be included in the NASDAQ-100 Index,” said Mel Karmazin, Chief Executive Officer, SiriusXM.  ”Inclusion in the index highlights the growth of our business and the substantial improvements in revenue, cash flow, and market value we have seen over the past two and a half years,” added Karmazin.

The NASDAQ-100 Index is composed of the 100 largest non-financial stocks listed on The NASDAQ Stock Market and dates to January 1985.  The index acts as a benchmark for financial products such as options, futures, and funds, and reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies.

PowerShares QQQ is an Exchange Traded Fund (ETF) that seeks to replicate the NASDAQ-100 Index. It is used by investment professionals, private investors and financial advisors.

Sirius Xm to offer comprehensive coverage of MLB All-Star Week

Sirius XM Radio announced today that it will offer baseball fans comprehensive coverage of 2011 Major League Baseball All-Star Week in Phoenix, AZ, July 9-12.

SiriusXM will carry the 82nd All-Star Game on Tuesday, July 12 (8:00 pm ET/5:00 pm PT), and the State Farm Home Run Derby on Monday, July 11 (8:00 pm ET/5:00 pm PT), live from Chase Field on XM channel 176.

SiriusXM will also offer the exclusive radio broadcast of the XM All-Star Futures Game, featuring the top minor league prospects from the U.S. and abroad, on Sunday, July 10. Pre-game coverage starts at 5:30 pm ET on XM channel 89. SiriusXM’s Mike Ferrin will be the play-by-play voice for the Futures Game broadcast and former Major League GM and daily SiriusXM host Jim Duquette will be the analyst. SiriusXM’s Grant Paulsen and Baseball America’s John Manuel will provide reports from on the field and in the dugouts. Paulsen will host a special edition of his weekly show, Minors & Majors, live from the ballpark (3:00 pm ET/12:00 pm PT) leading into the XM All-Star Futures pre-game.

On Monday and Tuesday, SiriusXM’s MLB Network Radio – channel 89 on XM and channel 209 on Sirius Premier (formerly known as “The Best of XM”) – will offer listeners extensive pre- and post-game coverage of both the State Farm Home Run Derby and the All-Star Game that will feature one-on-one interviews with current and former All-Stars, managers, coaches and other personalities from around the game.

 

Former All-Star pitcher Rob Dibble, former GM Jim Bowden and Casey Stern will team up for the State Farm Home Run Derby pre-game coverage starting at 5:00 pm ET/2:00 pm PT as well as the post-Derby recap. On Tuesday, Dibble, former GM Jim Duquette and Stern will host the All-Star pre-game coverage live from Chase Field starting at 5:00 pm ET/2:00 pm PT. Following the game, Dibble and Duquette will host the post-game show with Stern and Ferrin on the field and in the clubhouse talking one-on-one with the All-Stars.

Additionally, each day leading up to the All-Star Game, MLB Network Radio hosts will broadcast live from the MLB All-Star FanFest. Hall of Famer Cal Ripken Jr. and Bill Ripken will host their exclusive show, Ripken Baseball, live in front of fans on Monday, July 11 (3:00 pm ET/12:00 pm PT). Former pitcher Jeff Nelson, Jim Bowden, Jim Duquette, Casey Stern, Mike Ferrin and Grant Paulsen will also host live from the SiriusXM broadcast stage at the Phoenix Convention Center.

The following programs will originate from MLB All-Star FanFest and air on MLB Network Radio (channel 89 on XM; channel 209 on Sirius Premier):

Saturday, July 9
1:00 pm ET/10:00 am PT — Power Alley with Mike Ferrin & Jim Duquette
4:00 pm ET/1:00 pm PT — Inside Pitch with Casey Stern & Jim Bowden
7:00 pm ET/4:00 pm PT — Home Plate with Grant Paulsen & Jeff Nelson

Sunday, July 10
12:00 pm ET/9:00 am PT — Inside Pitch with Casey Stern & Jim Bowden
9:00 pm ET/6:00 pm PT — Inside Pitch with Casey Stern & Jim Bowden

Monday, July 11
11:00 am ET/8:00 am PT — Power Alley with Mike Ferrin & Jim Duquette
3:00 pm ET/12:00 pm PT — Ripken Baseball with Cal Ripken Jr. & Billy Ripken

Tuesday, July 12
2:00 pm ET/11:00 am PT — Inside Pitch with Mike Ferrin & Jim Bowden

Other hosts from across the SiriusXM programming spectrum will also broadcast from the All-Star festivities in Phoenix.

On Sunday, July 10 (3:00 pm ET/12:00 pm PT), Monday, July 11 (6:00 pm ET/3:00 pm PT) and Tuesday, July 12 (11:00 am ET/8:00 am PT), SiriusXM’s Steve Covino and Rich Davis will host their daily show from MLB All-Star FanFest, talking with special guests and fans and trying out FanFest’s interactive exhibits live on air. Covino & Rich airs daily on SiriusXM Stars Too, SiriusXM’s talk radio channel for guys (channel 104).

SiriusXM airs every game from all 30 Major League Baseball teams live on XM channels 176 to 189, with some on XM channel 89, and in Spanish on XM channel 175. A schedule of MLB games on XM can be found at www.siriusxm.com/mlb.