Aug 3- Sirius XM Radio Inc has agreed to pay up to $1.3 million to settle claims that it violated U.S. labor laws by not paying interns, making the satellite radio provider the latest large company to settle such a case. In cases against Fox Searchlight Pictures Inc and The Hearst Corp, the appeals court said unpaid internships were legal when they were closely tied...» Read More
He’s been the merger’s staunchest opponent. Now the Democrat from Texas explains his position to Cramer.
The Mad Money host calls out the members of Congress who are blocking the XM-Sirius merger from going through.
Merger or no merger, Sirius will be the clear winner of the satellite radio wars, Cramer says. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Imus isn't talking, yet, but it's safe to say radio's best-known curmudgeon will have lots to say when his show kicks off at 6 a.m. EST Monday on WABC-AM and other Citadel Broadcasting stations around the country, ending his nearly eight-month banishment from the air.
Disgraced shock jock Don Imus, who was fired by CBS Radio six months ago in an uproar over an on-air racial slur he made, has signed a deal to return to radio Dec. 3 with a new nationally syndicated morning show.
Broadcaster CBS settled its termination dispute with fired radio shock jock Don Imus Tuesday, a possible step toward Imus reviving his multimillion-dollar career with a rival broadcaster.
XM Satellite Radio said Tuesday that Hugh Panero, its chief executive and a company founder, will step down in August.
Some fans of Internet radio may click on their favorite Web site and hear nothing but silence on Tuesday.
Online auctioneer eBay. said Tuesday it is ready to begin auctioning advertising airtime on 2,300 participating U.S. radio stations, expanding on an existing plan to sell cable television ads.
We all thought Mark Cuban's next project might be the Chicago Cubs, silly us. It's a new pro football league to go up against the NFL with something called the United Football League. We don't know much other than what has been leaked in a press release by the New York Times, which has the story for its June 3 edition of PLAY, their sports magazine.This is what we know. The league will be called the United Football League. Cuban will be one owner and he and Wall Street investor Bill Hambrecht and Google executive Tim Armstrong are looking for seven more to start some pre-season games in August 2008. We know that there will be teams in non-NFL markets like Los Angeles, Las Vegas and Mexico City, and that they'll play games on Friday night.
Sony says it will introduce its first HD Radio products in July, joining the growing group of companies seeking to make the next-generation digital radio technology a standard feature in audio products over the next several years.
Ford has signed Funkmaster Flex -- a popular hip-hop DJ and personality on New York City's Hot 97 radio station -- as a company pitchman for its Ford Flex Expedition, and as host of a new TV show where regular Joes compete in customizing one of the company's SUVs. This is a smart move by Ford for a couple reasons. First, Flex's popularity with younger car buyers can help the company gain some much needed buzz on the new Flex CUV. Second, it's another case of Ford trying to break out with a new approach.
Sirius Satellite Radio said its first-quarter loss narrowed sharply from the same quarter a year ago and reiterated its guidance for revenue and subscribers for 2007.
The sale comes as Clear Channel's shareholders consider a nearly $19.5 billion private equity buyout offer for the company.
At its "First Look" presentation to advertisers Tuesday -- like the TV Networks ad upfronts -- AOL announced five web broadband deals. Randy Falco presented partnerships with Dreamworks Animation, Ellen, and reality TV guru-producer, Mark Burnett. These big announcements designed to draw advertising dollars, promising advertisers better metrics on who's watching what, than you can get from TV ads.
If you believe everything you read, you would have thought that San Diego Chargers running back LaDainian Tomlinson was just lucky enough not to get the Madden cover endorsement. Electronic Arts officially announced last night that Tennessee Titans quarterback Vince Young would grace the cover of the next version of the jinxed popular video game. "Vince was the guy all along," EA's director of marketing Chris Erb told the San Diego Union-Tribune today.
Internet radio broadcasters were dealt a setback Monday when a panel of copyright judges threw out requests to reconsider a ruling that hiked the royalties they must pay to record companies and artists.
Web search leader Google has broken into radio with a multi-year advertising sales agreement with the largest U.S. broadcaster, Clear Channel Radio, the companies said on Sunday.
The buyout groups bidding for U.S. radio operator Clear Channel Communications have suggested sweetening their offer by allowing shareholders to co-invest in the firm, as a key vote on the deal approaches, a source close to the situation said on Sunday.
When advertisers ran from Don Imus, the die was cast: MSNBC and CBS pulled the plug on his show. But the question remains: did the sponsors show leadership in making their decisions to cancel ad spots -- or was it a case of cut and run? Jeffrey Sonnenfeld, senior associate dean at the Yale School of Management, and James Post, corporate governance and ethics professor at the Boston University School of Management, told "Power Lunch" viewers that the sponsors did the right thing -- and will do it again in the future.