His contract was set to expire at the end of this month, and this morning (December 15) Howard Stern shared that he’s extended his partnership with SiriusXM through 2020.
The shock jock announced, "This morning I am very very pleased to announce and excited to announce that we'll be here for the next five years. As a broadcaster, it does not get better than working at Sirius Xm, and I'm truly excited for the future with this great company. I happen to think that its best days are ahead. So, if you are not listening to Sirius Xm and The Howard Stern Show, then you are really more like a zombie, a rotting corpse monster, living half a life, deadened and blackened inside. It's as if you were still watching black-and-white television while shopping in actual stores on your way to the post office to fax a memo."
Sirius added, “This...
The shock jock announced, "This morning I am very very pleased to announce and excited to announce that we'll be here for the next five years. As a broadcaster, it does not get better than working at Sirius Xm, and I'm truly excited for the future with this great company. I happen to think that its best days are ahead. So, if you are not listening to Sirius Xm and The Howard Stern Show, then you are really more like a zombie, a rotting corpse monster, living half a life, deadened and blackened inside. It's as if you were still watching black-and-white television while shopping in actual stores on your way to the post office to fax a memo."
Sirius added, “This...
- 12/15/2015
- GossipCenter
SiriusXM Radio plans to be the dominant product in the connected car of the future, and CEO Jim Meyer expects that by the end of the decade about 70 percent of new automobiles in the U.S. will come with an embedded modem. While satellite radio is not a two-way service, modems will allow for seamless on-demand content and other services that Sirius Xm plans on being involved with, said Meyer, who was speaking at an investor-day presentation of parent company Liberty Media. Earlier, Liberty Media CEO Greg Maffei worried about the impact Internet streaming could have
read more...
read more...
- 11/19/2014
- by Paul Bond
- The Hollywood Reporter - Movie News
Sirius Xm Radio on Tuesday reported improved third-quarter earnings as it continued to grow its subscriber base. The satellite radio giant, led by CEO Jim Meyer, added 432,817 net new subscribers in the period to end September with a total of 26.7 million. In comparison, Netflix as of the end of September had 37.22 million U.S. subscribers. Sirius, the radio home of Howard Stern, posted quarterly earnings of $136 million, more than twice the $63 million recorded in the year-ago period. Revenue at the company, which is controlled by John Malone's Liberty Media, rose
read more...
read more...
- 10/28/2014
- by Georg Szalai
- The Hollywood Reporter - Movie News
Sirius Xm Radio on Thursday reported improved first-quarter adjusted earnings amid continued subscriber growth. The satellite radio company, controlled by John Malone's Liberty Media, added 266,799 subscribers on a net basis in the latest quarter, ending it with a total of 25.8 million paid subscribers, a new company record. Photos: Leslie Moonves, David Zaslav, Robert Iger: 10 Highly Paid Entertainment CEOs Sirius, led by CEO Jim Meyer, reported first-quarter adjusted earnings of $121 million, up 46 percent compared with $83 million in the year-ago period. Before adjusting for special items, earnings dropped from $123.4 million to $94.0 million. Quarterly adjusted operating
read more...
read more...
- 4/24/2014
- by Georg Szalai
- The Hollywood Reporter - Movie News
The price for consumers will go up 50 cents to $14.99 a month, CEO Jim Meyer told analysts this morning in a conference call to discuss Q3 earnings. Although this was a “difficult decision,” he says, SiriusXM‘s satellite radio customers see value in the service and the rate hike “will not significantly impact retention next year.” The disclosure followed the release of Q3 earnings results that sent the company’s stock down 2.8% in pre-market trading. SiriusXM generated $62.9M in net income, down 15.6% vs the period last year, on revenues of $961.5M, +10.9%. Analysts expected revenues to come in higher, at $969.7M. Earnings at 1 cent a share also were short of the 2 cents the Street anticipated. The company ended up with 25.58M subscribers, up 513,078 from June. Execs say the satellite service is still flying. They raised their forecast for net subscriber additions this year to 1.6M from 1.5M, and revenue estimates to $3.77B from $3.7B.
- 10/24/2013
- by DAVID LIEBERMAN, Financial Editor
- Deadline TV
Sirius Xm Radio on Thursday reported lower third-quarter earnings, but record revenue and more subscribers. The satellite radio firm, led by CEO Jim Meyer, added 513,000 net subscribers in the quarter that ended Sept. 30, up from 446,000 in the year-ago period. That brought its total subscriber base to 25.6 million subscribers. It raised its full-year subscriber growth guidance from 1.5 million to 1.6 million. Sirius, controlled by John Malone's Liberty Media, said its quarterly earnings amounted to $63 million, compared with $75 million in the year-ago period. Adjusted operating cash
read more...
read more...
- 10/24/2013
- by Georg Szalai
- The Hollywood Reporter - Movie News
Sirius Xm Radio is "committed to keeping" Howard Stern and NFL content when their current deals with the satellite radio firm expire at the end of 2015, CEO Jim Meyer told the Goldman Sachs Communacopia investor conference on Thursday. In a session that was webcast, he said the satellite radio firm would like to continue its relationship with Stern as long as the radio host wants to work. No conversations worth mentioning with Stern and the NFL are currently taking place, "but we're committed to keeping those," Meyer said. "We care very, very much about" the two content partnerships,
read more...
read more...
- 9/26/2013
- by Georg Szalai
- The Hollywood Reporter - Movie News
Sirius Xm Radio on Thursday reported improved underlying second-quarter financials, including company records for certain metrics. Sirius, led by CEO Jim Meyer, had previously announced that it had added 715,000 subscribers in the second quarter to end June with more than 25 million subscribers. That led it to raise its full-year subscriber growth guidance to 1.5 million from 1.4 million. Story: Inside John Malone's Strategy to Corner Broadband (Analysis) Asked during an earnings conference call about the state of discussions with 21st Century Fox's Fox News about an extension of their current carriage deal, which
read more...
read more...
- 7/25/2013
- by Georg Szalai
- The Hollywood Reporter - Movie News
SiriusXM shares are up about 2.3% in pre-market trading today after the satellite radio broadcaster announced that it ended Q2 with more than 25M subscribers, a net addition of 715,000 — well ahead of analyst expectations. The increase in the quarter is 15% higher than the increase in the same period last year, a new record for the company since Sirius and Xm merged in 2008. As a result, execs now expect to end this year adding 1.5M, up from their previous prediction for +1.4M. CEO Jim Meyer calls the Q2 results “an exciting new milestone” that should “bolster SiriusXM’s leadership position in a dynamic audio entertainment marketplace.” The company reiterated its forecast to add 1.6M self-pay net subscribers in 2013. Most of SiriusXM’s new customers are auto buyers, and the company attributes much of its recent growth to the continued strength in that market. Sales in June were up 11.2% vs the month last year,...
- 7/9/2013
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
Sirius Xm Radio said Tuesday that it added 715,000 net new subscribers in the second quarter, bringing its total subscriber base to more than 25 million as of mid-year. The satellite radio firm controlled by John Malone's Liberty Media said that was a new quarterly record for the time since the Sirius-xm merger. In comparison, Netflix ended the first quarter with 29.17 million U.S. subscribers, and cable giant Comcast reported 21.94 million video and 51.9 million total customers. Story: Sirius Xm Names Jim Meyer Permanent CEO, Boosts Subs, Profit in First Quarter "Strong automotive
read more...
read more...
- 7/9/2013
- by Georg Szalai
- The Hollywood Reporter - Movie News
Satellite radio giant Sirius Xm Radio on Tuesday reported improved first-quarter financials as it continued to add subscribers and named Jim Meyer its permanent CEO. He had been interim CEO since December and was seen by analysts as performing well, making the permanent CEO job his to lose. The company, controlled by John Malone's Liberty Media, said it signed up 452,890 net new subscribers in the opening quarter of 2013. In the year-ago period, it had added 404,596 subscribers. Sirius ended March with a total subscriber base of 24.4 million, an all-time high for
read more...
read more...
- 4/30/2013
- by Georg Szalai
- The Hollywood Reporter - Movie News
Shares are down about 1.4% in pre-market trading although there are few surprises in the satellite radio company’s first earnings report with Liberty Media firmly in charge. Sirius Xm reported Q4 net income of $156.2M, +119.0% vs the period last year, on revenues of $892.4M, +13.9%. Analysts thought revenues would come in higher, at $898.7M. But earnings at 2 cents a share were right on the money. Sirius Xm had already announced in early January that it ended 2012 with a gain of 2M subscribers, for a total of about 19.6M self-paid, and a total paid sub base of 23.9M. The company says this morning that it expects to add 1.4M subscribers in 2013 and generate at least $3.7B in revenue. CEO Jim Meyer, who recently replaced Mel Karmazin, talks up Sirius Xm’s planned personalized radio service, MySXM, which he says “is now in public beta testing and will be available to our Internet subscribers in the near future.
- 2/5/2013
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
Update, 6:56 Am: As interim CEO, Jim Meyer will collect a base salary of $1.3M per year, plus annual bonuses to be determined by the board, in a new contract that runs until October 31, 2013, the company says in an SEC filing. He can retire then, if he wants. And if Sirius Xm picks someone else to be CEO then he can leave with “an additional bonus to reflect his contributions.” Previous, 6:06 Am: The change takes place today: Mel Karmazin resigned as CEO and from the board, Sirius Xm says. With Liberty Media poised to take control of the satellite radio company (it owns 49.8% of the voting shares), Karmazin had already announced that he would leave in February when his contract expires. Jim Meyer, who had been President of Sales and Operations since May 2004, now joins the board. Directors have formed a search committee, led by Liberty CEO Greg Maffei,...
- 12/19/2012
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.