Cumulus Media, Inc.
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3 Broadcasting Companies With Promising Returns
By Shweta Dubey - June 10, 2013 | Tickers: CMLS, P, SIRI
Radio broadcasting companies have witnessed changes in customer preferences, as many now prefer Internet radio. Currently, there are around 970 million Internet radio listeners in the U.S. However, the large listener base contributes only 10% to the total revenue of the radio companies, and more than 70% of the revenue is generated from advertisements. As Internet advertising is cheaper than any other form of marketing, more and more companies more »
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Is the Sirius Story Still a Good One?
By Matthew McMichen - May 3, 2013 | Tickers: CMLS, P, SIRI
Everything and everyone has a story. Although it may be true that some stories are unarguably more grand and exciting than others, no thing or person is without their own unique story. One exciting thing about the business world is that corporations are no exception to this rule. Each and every company in existence—past, present, or future—has had or will have its own story. Many of those stories more » -
Meet The Rare Fund That Was Buying Apple When Everyone Else Was Selling
By Meena Krishnamsetty - March 5, 2013 | Tickers: AAPL, BLC, CMLS, GOOG, MSFT
Hedge funds get a bad rap. Most investors choose to think of the industry's 8,000-plus managers as one-size-fits all, but that's clearly not the case, even in the equity markets. At Insider Monkey, we've found that by focusing on the best stock picks of the best money managers, retail investors have historically found it possible to beat the market. Our small-cap strategy beat the market by more »
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National Geographic Programming Will Add To This Growth Story
By Maxwell Fisher - January 21, 2013 | Tickers: CMLS, DIAL, P, SIRI
Sirius XM (NASDAQ: SIRI) announced the launch of a series of vignettes for listeners. The vignettes feature content from National Geographic. The vignettes are based on National Geographic's books and magazines. Below, I will explain how this new programming will help Sirius XM generate increased revenue.
Financials
Sirius XM reported consolidated nine month revenues of $2.50 billion for the period ending September 30, 2012, compared to $2.23 more »
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Sirius XM: Moving in the Right Direction
By Dr. Osman Gulseven - December 21, 2012 | Tickers: CMLS, P, SGA, SIRI, STRZA
Sirius XM (NASDAQ: SIRI) is one of the most widely followed stocks in the market. Since its dip in 2008, the stock made a remarkable comeback. Sirius XM shareholders gained about 65% in this year alone. I still think that the stock is a cheap deal. In this article, I dig deeper into recent financials to support my bullish thesis.
Current financials
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Sirius XM Keeps Outperforming
By Dr. Osman Gulseven - December 17, 2012 | Tickers: CMLS, P, SGA, SIRI
Sirius XM Radio (NASDAQ: SIRI) operates satellite radio systems and has more than 21 million subscribers. The company offers more than 135 channels of quality music, news, and talk shows. Programming includes the National Football League, Major League Baseball, and college games, as well as talk shows featuring hosts Howard Stern, Martha Stewart, and Oprah Winfrey. Sirius XM has equipment alliances with several automakers; it also sells satellite radio equipment more »
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Here’s Why Sirius Is a Good Investment Over the Long Run
By Meena Krishnamsetty - December 12, 2012 | Tickers: CMLS, P, SGA, SIRI, STRZA
Sirius XM Radio (NASDAQ: SIRI) is up over 10% during the last three months as it makes strides to return capital to shareholders, namely through a recent special dividend of $0.05, which is a 2% yield at the satellite radio company’s current stock price. Sirius' $2 billion share repurchase program was also recently approved. Sirius is one of billionaire Julian Robertson’s best bets (check out the Tiger more »
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Is This Stock a Good Investment Amid the ‘Apple Worry’?
By Meena Krishnamsetty - November 1, 2012 | Tickers: AAPL, CMLS, FB, P, SIRI
Apple (NASDAQ: AAPL) has played a key role in Pandora Media's (NYSE: P) fortunes in recent weeks. Last Tuesday, when the tech giant held its much-anticipated product release show, shares of Pandora popped over 8% because Apple execs did not mention a new streaming media service they are rumored to be working on. Just two days later, however, when new reports from Bloomberg had surfaced that Apple "has intensified more »
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The Sirius Story - Worth your Money?
By Matthew McMichen - October 8, 2012 | Tickers: CMLS, P, SIRI
Everything and everyone has a story. Although it may be true that some stories are inarguably more grand and exciting than others, no thing or person is without its own unique story. Corporations are no exception to this rule. And as an accountant, I find it to be true and exciting that a company’s financials can tell us a small story of the company’s greater story.
But, as more »
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Why is This Company’s CEO Selling More Shares?
By Meena Krishnamsetty - October 4, 2012 | Tickers: CMLS, P, SIRI, STRZA
Insider trading activity is often a misused and misunderstood market indicator. To many, the phrase conjures up images of infamous figures like Raj Rajaratnam or Martha Stewart, where cases of corporate greed and illegality were prosecuted by the SEC. In reality however, the overwhelming majority of all insider trades are 100% legal, and are reported to the federal government via Form 4 filings.
Despite their atrocious reputation, the transactions performed more »
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Pandora: Reasons to Believe
By David Delony - September 6, 2012 | Tickers: CMLS, P, SIRI, STRZA
I've been a fan of Pandora (NYSE: P) almost since it launched. As a music fan, it was a dream come true: an online radio station that was completely customized to my tastes. Since my listening habits are often way outside the Top 40, that's pretty impressive.
Pandora's moat is the way it serves up music to listeners, whether on the desktop or mobile. It comes out more »
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This Radio War has One Winner
By Piyush Arora - August 30, 2012 | Tickers: CMLS, P, SIRI, STRZA
The reason why I like the radio broadcasting industry is because it’s an entertainment based industry. People need entertainment in their daily lives, which makes the demand for this industry quite stable. As the population increases and more people get tech savvy, it is more likely that the revenues of entertainment based companies will increase. Especially companies that are offering technologically new products are likely to benefit and here more »
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This $19 Billion Hedge Fund is Bullish About Media and Industrial Stocks
By Meena Krishnamsetty - June 4, 2012 | Tickers: BLC, CX, CHMT, CMLS
Los Angeles-based Canyon Capital, Joshua Friedman and Mitchell Julis tend to lean toward credit opportunities but do well on the equity side. Canyon Capital has around $19 billion in AUM and its flagship fund returned 10.4% annually between 2002 and 2011, vs. 3.3% for the S&P 500 index. Below are their top 10 picks:
CompanyName Ticker value Activity CHEMTURA CORP CHMT 51091 -35% CEMEX S A B more » -
Insiders Are Selling These Two Radio Stocks
By Meena Krishnamsetty - May 29, 2012 | Tickers: CMLS, P, SIRI
For music-lovers, two of the best radio services out there are Sirius XM Radio (NASDAQ: SIRI) and Pandora Media (NYSE: P), though each company hits the airwaves in a vastly different manner. The former provides satellite-based tunes for your automobile or home stereo at a cost, while Pandora is a predominantly ad-supported web service that is free. Yes, there is a version of the latter with no ads, but only more »
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Sirius: What Howard Stern's Appeal, Karmazin's Cash Out Mean for Investors
By Maxwell Fisher - May 11, 2012 | Tickers: AAPL, CCO, CMLS, P, SIRI
As expected, Howard Stern and his agent have appealed a New York state court judge's dismissal of their breach of contract suit against Sirius XM (NASDAQ: SIRI). On April 16, Justice Barbara Kapnick threw out the suit that alleged Sirius owed the shock jock, his company One Twelve, and agent Don Buchwald hundreds of millions dollars because it breached a contract.
When she dismissed the suit, Kapnick bought Sirius more »
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Sirius: Many Reasons to be Bullish
By Maxwell Fisher - April 25, 2012 | Tickers: CMLS, SIRI, DIS, WWE
I have been watching the stock price of Sirius (NASDAQ: SIRI) for years. There were a number of things keeping me from purchasing the stock, from its high volatility, debt, or even low earnings. However, the company has taken some steps to make itself a little more attractive these days. The stock has traded around $0.50 a few years ago, and is now all the way in the low more »
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Sirius: New Car Sales Will Boost Profits
By Maxwell Fisher - April 2, 2012 | Tickers: ABG, CMLS, SIRI
Sirius XM Radio (NASDAQ: SIRI) sits in a unique position for the delivery of entertainment content. The majority of satellite capable radios are installed in vehicles as part of the optional equipment from the factory. Competition for Sirius XM is free broadcast radio. Customers decide to pay the $15 per month for satellite radio due to the broader choices of commercial free music and other programming options not offered by more »
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Sirius Will Soar Higher This Year
By Bobby Fisher - March 28, 2012 | Tickers: AAPL, CMLS, ETM, SIRI
When Sirius XM Radio (NASDAQ: SIRI) was first introduced to the public, satellite radio experts predicted meteoric things. Some said it would end traditional radio as we knew it. Others believed it would crash, theorizing that buyers wouldn’t pay for radio service when AM/FM radios delivered the goods for free.
It’s been almost ten years (June 1 is the decade anniversary) since the launch and the verdict more »
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Why Sirius Is Betting On Brands
By Helen Hagan - March 27, 2012 | Tickers: CMLS, SIRI
Sirius XM (NASDAQ: SIRI) is betting that America’s most popular motorsport can bring in legions of new listeners. On March 21, Sirius announced it had signed an agreement to simulcast all of NASCAR’s races live over its NASCAR Radio channel. This means that Sirius will have some of the most motorsports programming in America on its dial, including next year’s Daytona 500. Last month’s Daytona 500 more »
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Could Sirius be a Golden Stock?
By Maxwell Fisher - March 6, 2012 | Tickers: CMLS, P, SIRI, STRZA
Sirius XM Radio (NASDAQ: SIRI) is by far the biggest company in the radio broadcasting industry, and a couple of weeks ago it broadcast Whitney Houston’s funeral live on its Heart & Soul channel. I believe that SiriusXM has its finger on the community’s pulse, and recent events show that this stock is definitely one to consider, in my opinion.
One of this company’s greatest strengths, in my more »