INDIANAPOLIS-- Longtime motorsports announcer Paul Page will return to the Indianapolis Motor Speedway Radio Network as its lead announcer next season. Page served as the network's anchor voice from 1977 to 1987, taking over after the death of Sid Collins.» Read More
Sirius XM was slapped with a hefty lawsuit today by a small non-profit group that collects music royalties. David Hirsch, Metamorphic Ventures, discusses the impact this may have on other Internet music services.
CNBC's Julia Boorsitn talks with Mike Herring, Pandora CFO, about his thoughts on yesterday's flash freeze at the Nasdaq, and his plans to compete with Apple's iTunes Radio.
SAN FRANCISCO, Aug 22- Internet radio service Pandora Media Inc said on Thursday that rising expenditures to acquire music and expand its sales force would push fiscal 2014 earnings below analyst expectations, and its shares slumped 5 percent.
SAN FRANCISCO, Aug 22- Internet radio service Pandora Media Inc said on Thursday that rising expenditures to acquire music and compete with rivals would push fiscal 2014 earnings below analyst expectations, and its shares slumped 5 percent. Excluding certain items, Pandora said it expected to earn between 0 and 5 cents per share for the year.
Aug 15- Sirius XM Radio Inc, the satellite radio provider, on Thursday agreed to buy the vehicle services business unit of Agero for $530 million in cash, as Sirius aims to offer services to drivers beyond audio entertainment.
Aug 15- Sirius XM Radio Inc agreed to buy vehicle services business Agero for $530 million in cash, the satellite radio provider said on Thursday. With Agero, Sirius said it will provide services to several automotive manufactures, including Bayerische Motoren Werke AG, Honda Motor Co Ltd, Nissan Motor Co Ltd and Toyota Motor Corp..
July 25- Satellite radio provider Sirius XM Radio Inc posted higher-than-expected second-quarter revenue on Thursday as it added more than 700,000 subscribers to its service, which is widely available built into cars.
July 25- Satellite radio provider Sirius XM Radio Inc posted second-quarter revenue Thursday that beat estimates, as it added more than 700,000 subscribers. Net income fell to $125.5 million, or 2 cents per share, in the second quarter, compared with $3.13 billion, or 49 cents per share, a year earlier.
July 23- The U.S. Defense Department is proposing to share some of its radio airwaves with the private sector, a nod to growing pressure from the wireless industry and the Obama administration that federal agencies ease their control of valuable spectrum.
The SEC administrative law judge in the case also barred San Diego- based syndicated radio host Raymond J. Lucia Sr. from associating with other advisers, brokers and dealers, and revoked his eponymous firm's investment adviser registration.
July 9- Sirius XM Radio Inc said Tuesday that the number of people paying for its radio service rose to 25 million in the second quarter, helped by strong auto sales, and it raised its subscriber expectations for the year.
The alt-rock band's David Lowery says one of his songs would have to be played 1 million times on Pandora to earn him $16.29.
WASHINGTON, June 14- President Barack Obama is directing federal agencies to look for ways to eventually share more of their radio airwaves with the private sector as the growing use of smartphones and tablets ratchets up the demand for spectrum, according to a memo released on Friday.
June 14- Broadcast Music Inc, a songwriters' rights organization, is suing Pandora Media after the Internet radio company rejected a request to pay a higher license fee for playing songs across various devices, including mobile phones. On Tuesday, Pandora said it agreed to purchase KXMZ-FM, a Rapid City, South Dakota- area radio station.
Pandora's stock continued its freefall Tuesday following reports that Apple is planning to launch a rival music streaming service.
Pandora CEO Joseph Kennedy says he will remain the top executive until a replacement is found, reports Julia Boorstin.
Pandora CEO Joseph Kennedy is suddenly leaving the company, reports CNBC's Julia Boorstin.
CNBC's Julia Boorstin reports on the sudden departure of Joe Kennedy and what it means for the company.
A decade after Apple revolutionized the music world with its iTunes store, the music industry is undergoing another, even more radical, digital transformation.
Cumulus Media is the largest country music radio broadcaster in the U.S. The company's CEO Lew Dickey, discusses ways in which he is working to keep radio relevant.