King of All Trades » LCAPA http://www.kingofalltrades.com An Online Community of Investors & Financial Experts Thu, 05 Jan 2012 16:09:47 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Liberty Media Has No Plans To Add Stake in Sirius XM http://www.kingofalltrades.com/2011/11/30/liberty-media-has-no-plans-to-add-stake-in-sirius-xm/ http://www.kingofalltrades.com/2011/11/30/liberty-media-has-no-plans-to-add-stake-in-sirius-xm/#comments Wed, 30 Nov 2011 14:07:54 +0000 king1 http://www.kingofalltrades.com/?p=4872 Sorry get rich quickers. Liberty is not going to be making a large tender offer for the entire company anytime soon. Irresponsible journalism is running rampant again on issues we have been discussing for years now. According to Reuters, Sirius XM (NASDAQ:SIRI) CEO Mel Karmazin stated that no offer has come and he doesn't expect it too.

Liberty Media Has No Plans To Add Stake in Sirius XM King of All Trades

]]> http://www.kingofalltrades.com/2011/11/30/liberty-media-has-no-plans-to-add-stake-in-sirius-xm/feed/ 2 Liberty Starz Battle with Netflix Could Have Larger Ramifications to the Future of Media http://www.kingofalltrades.com/2011/09/08/liberty-starz-battle-with-netflix-could-have-larger-ramifications-to-the-future-of-media/ http://www.kingofalltrades.com/2011/09/08/liberty-starz-battle-with-netflix-could-have-larger-ramifications-to-the-future-of-media/#comments Thu, 08 Sep 2011 14:10:43 +0000 king1 http://www.kingofalltrades.com/?p=4692 Is Netflix(NASDAQ:NFLX) now officially “dying”? The first mortal wound on a paper tiger has been struck. And look at who is in the center of it all. John Malone, Founder of Liberty Media (NASDAQ:LINTA). Since 40% of Sirius XM is owned by Liberty Capital (NASDAQ:LCAPA), Sirius XM (NASDAQ:SIRI) investors always try to listen to what Liberty Media is saying about their company and Liberty’s future plans. Well one of those plans became painfully obvious to those here at KOAT, even before Malone offered a bare bones explanation. Starz Media has declined to be part of Netflix going forward, as of right now, in any form. Money was no option. Netflix offered 10 TIMES the old contract price and still Starz said no thank you. You’re no longer going to compete with our services by allowing us to give you our exclusive content at wholesale rates. Your nothing but a monster that was created by one instant in times collective greed by content providers. Did they envision what Netflix would become? I seriously doubt it, or these media companies never would have signed the original agreements. No existing content provider creates a Netflix on purpose. They would have said, why didn’t we just do that? Dahh!! Ya, exactly idiots, why didn’t you? Well someone has finally taken a stand and said no more. You offer NOTHING we can’t offer people at some point in the future. Hence bye bye.

Liberty Starz Battle with Netflix Could Have Larger Ramifications to the Future of Media King of All Trades

]]> http://www.kingofalltrades.com/2011/09/08/liberty-starz-battle-with-netflix-could-have-larger-ramifications-to-the-future-of-media/feed/ 1 Sirius XM 2nd Quarter Conference Call Proves Synergies Still Strong and Growing http://www.kingofalltrades.com/2011/08/08/sirius-xm-2nd-quarter-conference-call-proves-synergies-still-strong-and-growing/ http://www.kingofalltrades.com/2011/08/08/sirius-xm-2nd-quarter-conference-call-proves-synergies-still-strong-and-growing/#comments Mon, 08 Aug 2011 14:28:10 +0000 king1 http://www.kingofalltrades.com/?p=4409 Recently I was struck aghast by a journalist commenting that Sirius XM (NASDAQ:SIRI) synergies were "baked in" and mostly over. I responded with an article noting expected synergies from the company and what time frame they were expected in. That article was written a few weeks ago and can be found here, http://www.kingofalltrades.com/2011/07/24/sirius-xm-major-synergies-finally-being-realized/. On August 2nd, during Sirius XM's conference call and subsequent 10Q filing, I was able to also find newer support that they are indeed still growing and being realized every quarter.

Sirius XM 2nd Quarter Conference Call Proves Synergies Still Strong and Growing King of All Trades

]]> http://www.kingofalltrades.com/2011/08/08/sirius-xm-2nd-quarter-conference-call-proves-synergies-still-strong-and-growing/feed/ 0 Sirius XM Major Synergies Finally Being Realized http://www.kingofalltrades.com/2011/07/24/sirius-xm-major-synergies-finally-being-realized/ http://www.kingofalltrades.com/2011/07/24/sirius-xm-major-synergies-finally-being-realized/#comments Sun, 24 Jul 2011 04:00:04 +0000 king1 http://www.kingofalltrades.com/?p=4306 Sirius XM Radio (NASDAQ:SIRI) was never intended to be two separate companies upon its creation. The inventor, Martin Rothblatt, envisioned only one service that would be capable of financial survival. Over 15 years later, he was proven correct. The service was too new and the platforms too similar to differentiate themselves. It is possible the FCC's design in awarding two separate licenses was to weaken the technology revolution brought forth by satellite radio. We know that much of what transpired had the constant backing and lobbying by the NAB lobbyists, and it worked as intended. In February of 2009, with a debt tower looming and a frozen bond market, Sirius XM Radio was forced to sell 40% of the company just to survive. The company desperately needed the synergies a merger would provide.

Sirius XM Major Synergies Finally Being Realized King of All Trades

]]> http://www.kingofalltrades.com/2011/07/24/sirius-xm-major-synergies-finally-being-realized/feed/ 1 Sirius XM (NASDAQ:SIRI) Breakout Continues http://www.kingofalltrades.com/2011/05/11/sirius-xm-nasdaqsiri-breakout-continues/ http://www.kingofalltrades.com/2011/05/11/sirius-xm-nasdaqsiri-breakout-continues/#comments Wed, 11 May 2011 12:30:39 +0000 Andrew Montero http://www.kingofalltrades.com/?p=3991 Sirius XM continues to impress post 1st Quarter conference call with a new 52 week high of $2.36 a share as well as a new closing high of $ 2.35 cents. Short interest was up according to the April 29th information released yesterday. So what is driving Sirius XM higher? Could it be that spectrum, an all too scarce commodity, is much higher in terms of valuation today than it was just 4 or 5 years ago?

Sirius XM (NASDAQ:SIRI) Breakout Continues King of All Trades

]]> http://www.kingofalltrades.com/2011/05/11/sirius-xm-nasdaqsiri-breakout-continues/feed/ 3 SIRIUS XM, Liberty Media and DISH…..Pt 2 http://www.kingofalltrades.com/2011/05/04/sirius-xm-liberty-media-and-dish%e2%80%a6-pt-2/ http://www.kingofalltrades.com/2011/05/04/sirius-xm-liberty-media-and-dish%e2%80%a6-pt-2/#comments Wed, 04 May 2011 12:47:20 +0000 Andrew Montero http://www.kingofalltrades.com/?p=3884 In my last article I concentrated on why I was so excited to see a DISH (NASDAQ:DISH) Network executive on the Sirius XM Board after being recently appointed. Having given you an idea of how synergies can and will be achieved from a Dish perspective with Sirius XM (NASDAQ:SIRI), I will now explain how Liberty Media (NASDAQ:LCAPA) needed to be part of the picture.

SIRIUS XM, Liberty Media and DISH…..Pt 2 King of All Trades

]]> http://www.kingofalltrades.com/2011/05/04/sirius-xm-liberty-media-and-dish%e2%80%a6-pt-2/feed/ 7 Sirius XM, Liberty Media and DISH….Synergies Anyone? Part 1 http://www.kingofalltrades.com/2011/05/02/sirius-xm-liberty-media-and-dish%e2%80%a6-synergies-anyone-part-1/ http://www.kingofalltrades.com/2011/05/02/sirius-xm-liberty-media-and-dish%e2%80%a6-synergies-anyone-part-1/#comments Mon, 02 May 2011 12:53:09 +0000 Andrew Montero http://www.kingofalltrades.com/?p=3873 With the recent addition of Dish network(NASDAQ:DISH) executive Carl Vogel to the Sirius XM (NASDAQ:SIRI) Board, many are asking what is the fit. Vogel was one of Dish networks executive officers from 1994 until 1997, and served as President from 1995 until 1997 when he was a key member of the executive team that created and launched DISH Network in 1996. Upon reviewing recent acquisitions by DISH and Charlie Ergen, I came across the following pending acquisition, which I think is a much bigger deal than some have realized. DISH Network to Purchase DBSD, Developer of U.S. Hybrid Communications System

Sirius XM, Liberty Media and DISH….Synergies Anyone? Part 1 King of All Trades

]]> http://www.kingofalltrades.com/2011/05/02/sirius-xm-liberty-media-and-dish%e2%80%a6-synergies-anyone-part-1/feed/ 11 Sirius XM Annual Proxy Coming Soon http://www.kingofalltrades.com/2011/03/08/sirius-xm-annual-proxy-coming-soon/ http://www.kingofalltrades.com/2011/03/08/sirius-xm-annual-proxy-coming-soon/#comments Tue, 08 Mar 2011 14:09:02 +0000 king1 http://www.kingofalltrades.com/?p=3632 Investors in Sirius XM Radio (NASDAQ:SIRI) will be eagerly anticipating this years proxy letter from the company regarding their annual meeting, usually taking place at the end of May. There may be some issues to vote on that would remove a few questions about the future of the company's stock and who exactly will be in control.

Sirius XM Annual Proxy Coming Soon King of All Trades

]]> http://www.kingofalltrades.com/2011/03/08/sirius-xm-annual-proxy-coming-soon/feed/ 4 Can Liberty Media Lose Control Of Sirius XM? http://www.kingofalltrades.com/2011/03/07/can-liberty-media-lose-control-of-sirius-xm/ http://www.kingofalltrades.com/2011/03/07/can-liberty-media-lose-control-of-sirius-xm/#comments Mon, 07 Mar 2011 15:34:01 +0000 king1 http://www.kingofalltrades.com/?p=3618 Long time Sirius XM (NASDAQ:SIRI) stockholders remember February of 2009 very well. With massive debt coming due in 2009 and increasingly limited means of removing it, Sirius XM needed a loan. Liberty Media (NASDAQ:LINTA) provided Sirius XM with a temporary loan it needed to meet is financial obligations for the year 2009. In exchange for this help, Sirius XM gave Liberty Media preferred shares worth 40% of the total outstanding shares at the time of conversion. These shares had added power associated with them as well. These included voting rights, say in stock issuances, ability to nix new debt obligations over 10 million (other than refinancing existing debt), and say in any selling of assets. These rights have no expiration date and are good until conversion. So what can Sirius XM do to gain more control back to the current board of directors (who represent SIRI stockholders, not Liberty Capital (NASDAQ:SIRI)), which is the tracking stock being used to hold Liberty's 40% stake in Sirius XM. Is there an opening for another bidder? Is there a war of control coming? Possibly. Do Sirius XM and Liberty's intentions match? For control, maybe not. How would history write Mel Karmazin if he somehow managed to gain control of the company back from Liberty or was able to somehow introduce another party to drive the price up? Does he have the tools necessary?

Can Liberty Media Lose Control Of Sirius XM? King of All Trades

]]> http://www.kingofalltrades.com/2011/03/07/can-liberty-media-lose-control-of-sirius-xm/feed/ 9 Sirius XM’s David Frear’s Candid Talk Fuels Speculation (NASDAQ:SIRI) http://www.kingofalltrades.com/2010/11/22/sirius-xms-david-frears-candid-talk-fuels-speculation-nasdaqsiri/ http://www.kingofalltrades.com/2010/11/22/sirius-xms-david-frears-candid-talk-fuels-speculation-nasdaqsiri/#comments Mon, 22 Nov 2010 15:17:29 +0000 king1 http://www.kingofalltrades.com/?p=3226 By Relmor Demitrius - On Thursday of last week, David Frear, CFO and Vice President of Sirius XM Radio (NASDAQ:SIRI) presented at the Bank of America Merrill Lynch Credit Conference. What was expected as another boring non committal presentation about long already known facts, turned into a candid offering from a usually very close vested company. Frear added some insight into their future, discussed metrics never before mentioned, and even offered some comments on current speculations. He covered many topics during his brief 40 minute discussion and slide show.

Sirius XM’s David Frear’s Candid Talk Fuels Speculation (NASDAQ:SIRI) King of All Trades

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