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The deal was part of a swap of 7.59 million shares of common stock in CBS, the stations' owner, that was held by Liberty Media; in exchange for the stock, CBS gave Liberty the stations and $170 million in cash. [42] Liberty announced plans in April 2011 to sell WFRV and WJMN to Nexstar Broadcasting Group for $20 million. [43] [44]
Sirius XM Holdings (NASDAQ: SIRI) has had a rough time of late, falling nearly 60% in value over the past 12 months. Berkshire Hathaway, led by Warren Buffett, now holds a stake worth several ...
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
Sources have reported her multi-year deal with SiriusXM is worth over $100 million, with some estimates ranging up to $125 million, according to Variety and the Hollywood Reporter. Cooper's new ...
In 2020, SiriusXM acquired Stitcher in a deal worth up to $325 million from E.W. Scripps (whose Midroll Media unit bought Stitcher for $4.5 million four years earlier).
Warren Buffett is a big fan of Sirius XM Holdings (NASDAQ: SIRI). Buffett's holding company now owns around $2.4 billion in Sirius XM shares, equal to roughly 30% of the total shares outstanding.
Sirius XM's total interest expense was $416 million over the last 12 months, or a large chunk of its $2 billion in operating earnings. If revenue keeps falling, profits will keep falling. But the ...