XM Satellite loss widens, subscribers in cars grow
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XM Satellite Radio Holdings Inc  posted a wider quarterly loss on Thursday as higher marketing costs overshadowed a strong increase in subscriptions to its pay-radio service by car owners.
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XM Satellite Radio Holdings Inc. reported a wider net loss for the fourth quarter of 2004 on Thursday as the company bulked up on new subscribers, adding more than 700,000 in the latest quarter to top 3.2 million users.
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Sirius Satellite Radio says holiday sales helped push its subscriber base over the 1 million mark, while rival XM Satellite Radio reports its customer numbers have topped 3.1 million.
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XM Satellite Radio Holdings Inc.  XMSR.O on Thursday posted a wider fourth-quarter loss, but  revenue more than doubled as its subscriber base increased.
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Slowly but surely, satellite radio is catching on, according to subscriber numbers released Monday. But neither Sirius Satellite Radio nor XM Satellite Radio will break even, analysts said, until millions
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NEW YORK -- Sirius Satellite Radio Inc. reported a narrower third-quarter loss Tuesday and recorded a 50 percent increase in new subscribers ahead of its planned combination with larger rival XM Satellite Radio Holdings Inc.
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Boosted by increasing visibility and holiday sales of satellite radio devices, XM Satellite Radio said it surpassed its year-end goal of 3.1 million subscribers, set in February, after starting the year with 1.3 million subscribers, while Sirius Satellite
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XM Satellite Radio Holdings (XMSR.O: Quote, Profile, Research) and Sirius Satellite Radio (SIRI.O: Quote, Profile, Research) on Monday said the companies surpassed their full year 2004 subscriber targets, boosted by a strong
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Report: Automaker to offer satellite radio in more car and truck models, begin factory installation. NEW YORK  - Ford Motor Co.
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Cable operator Cablevision Systems Corp.  on Tuesday posted a quarterly loss, though subscribers continued to grow across its television, telephone and high-speed Internet service.
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DirecTV Group, the largest satellite television programmer, has said that its loss widened considerably in the third quarter because of a one-time charge to write down the value of two satellites.
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Cingular Wireless on Monday  posted a  fourth-quarter loss as expenses rose due to its purchase of  AT&T Wireless, but it added roughly twice the number of  subscribers Wall Street expected.
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TiVo, maker of digital television recorders, said Monday that its quarterly net loss widened as it boosted spending to acquire customers, but the number of subscribers to its fee-based television service rose sharply.
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XM Satellite Radio Holdings Inc. said Friday it is on track to have more than 3.1 million subscribers by the end of the year, but shares fell on a reported four-week production snag.
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Besides the scrutiny of the proposed combination between XM and Sirius, the satellite radio business is facing huge changes.
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XM Satellite Radio Holdings Inc. will soon begin broadcasting some of its stations to subscribers over the Internet, fresh on the heels of the company's discontinuation of a receiver for PCs that some users used to circumvent the music industry's crackdown on illegal file sharing.
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Shares of XM Satellite Radio Holdings Inc. jumped to a new 52-week high Thursday, a day after the company said it would begin broadcasting its commercial-free radio stations to subscribers over the Internet.