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Last updated: 16:11:18 Sunday Dec 20, 2009


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  • Citadel Broadcasting files bankruptcy protection
    NEW YORK (Reuters) - Citadel Broadcasting Corp (CTDB.OB), the third-largest U.S. radio broadcaster, said on Sunday it filed for the bankruptcy protection, as the radio industry continues to be hard hit by depressed advertising revenue.   Nations:U.S.   Source:(Reuters)   2009-12-20

    Sirius preparing possible bankruptcy filing: report
    NEW YORK (Reuters) - Sirius XM Radio Inc has been working with its advisers to prepare for a possible bankruptcy filing, the New York Times reported on its website on Tuesday, citing people close to the company.   Source:(Reuters)   2009-02-10

    EchoStar amasses Sirius XM debt: report
    Charles Ergen's EchoStar Corp (SATS.O) has quietly accumulated a substantial portion of Sirius XM Satellite Radio Inc's (SIRI.O) maturing debt in what could be the first salvo in an attempt to take control of the company, the Wall Street Journal said, citing people familiar with the matter.   Nations:India   Source:(Reuters)   2009-02-04

    Long wait for satellite radio deal may end soon
    WASHINGTON - Sirius Satellite Radio Inc.'s acquisition of rival XM Satellite Radio Holdings Inc. may be cleared by federal regulators this month, and it can't happen fast enough for XM.   Nations:U.S.   Source:(AP)   2008-07-06

    FCC chief recommends OK of satellite radio deal
    WASHINGTON - The proposed merger of the nation's two satellite radio broadcasters, bogged down in the regulatory process for over a year, has cleared a major hurdle with Federal Communications Commission chief recommending approval of the $5 billion deal.   Source:(AP)   2008-06-16

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