Posts tagged as:

satellite

Bankrupt Worldspace bought by its founder

The U.S. Bankruptcy Court in Delaware has approved the sale of the satellite radio assets of WorldSpace Inc. and its U.S. subsidiaries, WorldSpace Systems Corp. and AfriSpace Inc. to Yenura Pte. Ltd., a company controlled by WorldSpace founder, chairman and CEO Noah A. Samara.
It is buying the assets for $28 million cash and assumption of [...]

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Howard Stern on your iPhone !

Over the past year satellite radio has been forced to reinvent itself. Sirius and XM, formerly competitors, were forced to merge to survive. Shortly after merging their programming the newly formed company declared this past February that it may have to file for bankruptcy. And while they averted any immediate shuttering of [...]

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The relationship between the media owner, their relationship isn't strictly with people and audiences. It's also with advertisers, and that's the most relationship in radio; in fact it pays the bills.

Robert McChesney