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CANADA GRANTS BROADCASTING LICENSE TO SIRIUS CANADA
06-16-2005
SIRIUS Welcomes the Decision and Will Review Conditions of License Before
Announcing Plans
NEW YORK - June 16, 2005 - SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that SIRIUS Canada, Inc., which is owned by SIRIUS, the Canadian Broadcasting Corporation (CBC) and Standard Radio, has received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) to broadcast and sell the SIRIUS service in Canada.
SIRIUS recognizes that the CRTC has worked hard on a reasonable and creative framework for SIRIUS to move forward in providing Canadians with an outstanding programming line-up. SIRIUS plans to explore the conditions of the license in more detail with its business partners, and will be able to comment further once a thorough analysis of today's decision has been made.
R U M O R V I L L E
The Rumors you may or may
not want to know about ...
* Look for a big day 6/30/05 - We hear sirius
will take off to $8.00
* Howard Stern is to announce something regarding Sirius in about two weeks
*
Sony + Sirius Deal? Is it in the works? Seems like a logical move, as Apple didn't want to get involved. Then again we are in Rumorville!
* Stock is rumored to fall until Stern Signs on early
* Howard Stern to quit early? Will he say F*** You to broadcast radio, and make the jump soon to Sirius?
Rumor has it, it may be next month.
*What is up with Sirius & XM lately? The two companies have seemed to merge together in the media. Is a possibly buyout in store? Will Viacom, and
Sumner Redstone
buy both companies?
All statements contained are not verified for their accuracy. The statements may or may not be true and therefore are not to be relied on.
For entertainment purposes only.
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