XM Satellite in $650 Mln Baseball Deal
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XM Satellite Radio XMSR.O on  Wednesday said it signed a $650 million deal to broadcast Major  League Baseball games for 11 years, countering a rival's moves  to sign up high-profile programing that will lure listeners to  the new medium.
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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&#39;s discontinuation of a receiver for PCs that some users
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XM Satellite Radio  and Warner Music Group , the world's third largest music company, said on Friday they had settled a lawsuit brought by the music company over XM's portable satellite radio with advanced recording features.
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XM Satellite Radio Holdings Inc. , which has agreed to be acquired by rival Sirius Satellite Radio Inc. , posted a narrower quarterly loss as it trimmed costs, but gave a lukewarm 2007 outlook that tempered its stock rise.
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XM Satellite Radio and Warner Music  Group, the world's third largest music company, said on Friday  they had settled a lawsuit brought by the music company over  XM's portable satellite radio with advanced recording features.
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The Toronto Blue Jays baseball team will buy their home stadium, the SkyDome, from closely held Sportsco International for C$25 million ($21 million), team owner Rogers Communications Inc.
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Boston Communications Group Inc. of Bedford, a major US provider of prepaid wireless services, yesterday said it has agreed to be purchased by an Indian company for $65 million.
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Game 7 between the Boston Red Sox and the New York Yankees isn&#39;t Wednesday&#39;s only ballpark news. Major League Baseball has agreed to a grand-slam broadcasting deal with XM Satellite Holdings.
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Sirius Satellite Radio Inc. on  Wednesday tried to clear up confusion over the cost of its  service after buying rival XM Satellite Radio Inc. by telling  lawmakers that it would be less than $25.90, the price of two  services combined.
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After weeks of speculation and controversy over an apparent deal between Major League Baseball and DirecTV that would limit access to baseball's Extra Innings package to subscribers of the satellite service, the parties announced the deal yesterday in a conference call, though they would not confirm the details of a widely reported seven-year, $700 million pact.
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Major League Baseball announced yesterday that it would receive up to $650 million over the next 11 years from XM Satellite Radio to beam locally produced games, like the Mets&#39; WFAN broadcasts, to a national audience.
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By Seth Sutel  XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., rivals in the fledgling satellite radio industry, have agreed to combine in a deal that investors hope will result in lower costs, assuming it overcomes significant regulatory hurdles.
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XM Satellite Radio is the latest content provider to join the increasingly crowded online-music market, announcing the impending launch of a service delivering its radio programming via the Internet.
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Sirius Satellite Radio  plans to buy U.S. rival XM Satellite Radio  for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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The two main U.S. satellite radio  providers, Sirius Satellite Radio  and XM Satellite  Radio  on Monday said they would merge in a  stock-for-stock deal, a move that has been long expected in the  young industry.
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XM Satellite Radio Holdings Inc., which last week announced plans to combine with rival Sirius Satellite, on Monday reported a narrower fourth-quarter loss as a larger subscription base led to a 45 percent boost in revenue.
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Sirius Satellite Radio Inc.   and XM Satellite Radio Holdings Inc.  said on Monday  that if their proposed merger is approved, they will offer  subscriptions priced 46 percent below current levels, and would  let customers buy packages of their favorite channels.